Zip 72717 (Canehill, AR) Cost of Living


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How much do I need to live in Canehill, Arkansas?
$3,540 / month
for a family, 34.4% less expensive than the national average A total of $42,480 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Canehill cost of living score
89.8
Less expensive
10.2% lower
than the US average
15.9% higher
than the Arkansas average
Canehill (zip 72717), Arkansas gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 15.9% lower than the average for Arkansas.

Zip 72717 (Canehill, AR)

Housing costs in Canehill?
A typical home costs $222,400, which is 34.2% less expensive than the national average of $338,100 and 22.3% more expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Canehill costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 4.5% more than the state average of $840.

Can I afford Canehill?
To live comfortably in Canehill (zip 72717), Arkansas, a minimum annual income of $42,480 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Canehill?
The cost of living in 72717 Canehill, AR is relatively affordable compared to the rest of the country. The median home value is $63,000, which is much lower than the national median of $184,700. Utilities such as electricity and water are also quite affordable in Canehill, with an average monthly bill for both coming out to around $120. Groceries are generally a bit pricier than in other parts of Arkansas, but still remain within the bounds of most households’ budgets. All in all, Canehill offers many benefits to its residents that make it an attractive place to live at a reasonable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCanehillArkansasUnited States
    Unlock77.5100.0
  97.5  Unlock100.0
    Unlock92.1100.0
  59.2  Unlock100.0
    Unlock$181,800$338,100
  94.2  Unlock100.0
    Unlock81.6100.0
  87.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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