Housing costs in Cave Springs?
A typical home costs
$429,900, which is 27.2% more expensive than the national average of
$338,100 and 136.5% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Cave Springs costs
$1,440 per month, which is 71.4% more than the national average of
$840 and 35.4% more than the state average of
$930.
Can I afford Cave Springs?
To live comfortably in Cave Springs (zip 72718), Arkansas, a minimum annual income of
$82,440 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Cave Springs?
The cost of living in 72718 Cave Springs, AR is quite affordable. According to BestPlaces.net, the city has an overall cost of living index that is 6% lower than the national average and a housing index that is 8% lower. This means that goods and services are more affordable in Cave Springs than many other cities throughout the country. Additionally, the median home price in 72718 Cave Springs, AR is $162,600 which is quite low when compared to other parts of the country. All these factors contribute to a low cost of living that makes Cave Springs an attractive destination for anyone looking to live a comfortable life without breaking their budget.