Zip 72623 (Clarkridge, AR) Cost of Living


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United States / Arkansas / Mountain Home Metro Area / Baxter County / No City / Clarkridge (zip 72623)

Clarkridge cost of living score
74.5
Less expensive
25.5% lower
than the US average
3.9% lower
than the Arkansas average
Clarkridge (zip 72623), Arkansas gets a BestPlaces Cost of Living score of 74.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.5% lower than the U.S. average and 3.9% higher than the average for Arkansas.

Zip 72623 (Clarkridge, AR)

Housing costs in Clarkridge?
A typical home costs $224,600, which is 33.6% less expensive than the national average of $338,100 and 23.5% more expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Clarkridge costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 7.7% cheaper than the state average of $840.

Can I afford Clarkridge?
To live comfortably in Clarkridge (zip 72623), Arkansas, a minimum annual income of $43,200 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Clarkridge?
The cost of living in Clarkridge, AR (zip code 72623) is generally lower than the U.S. average. The median home value in this area is around $88,000, which is significantly lower than the national median of $185,400. Groceries and healthcare tend to be slightly cheaper than the U.S. average as well. Property taxes are also relatively low when compared to other areas in the state, making it an attractive option for those on a budget. Overall, Clarkridge offers a great balance between affordability and quality of life.
   Cost of living score
     CategoriesClarkridgeArkansasUnited States
  74.577.5100.0
  93.192.7100
  92.292.1100.0
  57.749.8100.0
  $224,600$181,800$338,100
  96.7%95.6%100.0%
  66.881.6100.0
  82.774.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime