Zip 72326 (Colt, AR) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Colt, Arkansas?
$1,680 / month
for a family, 68.9% less expensive than the national average A total of $20,160 for the year for a family.
$1,867 / month
for a single person, 60.8% less expensive than the national average A total of $22,400 for the year for a single person.

Colt cost of living score
66.5
Less expensive
33.5% lower
than the US average
14.2% lower
than the Arkansas average
Colt (zip 72326), Arkansas gets a BestPlaces Cost of Living score of 66.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 33.5% lower than the U.S. average and 14.2% higher than the average for Arkansas.

Zip 72326 (Colt, AR)

Housing costs in Colt?
A typical home costs $104,700, which is 69.0% less expensive than the national average of $338,100 and 42.4% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Colt costs $700 per month, which is 16.7% cheaper than the national average of $840 and 2.9% cheaper than the state average of $720.

Can I afford Colt?
To live comfortably in Colt (zip 72326), Arkansas, a minimum annual income of $20,160 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Colt?
The cost of living in 72326 Colt, AR is generally quite affordable. The median home price is around $112,000 and the median rent for a one-bedroom apartment is just over $650. This makes it an ideal location for families or those looking to save money on rent. Additionally, with no state income taxes, residents can expect to keep more of their hard-earned money in their pockets. Goods and services tend to be cheaper than in larger cities, so daily life is also more affordable here. All in all, 72326 Colt provides a great opportunity for people looking to save some money while still enjoying the perks of living in a small town.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesColtArkansasUnited States
    Unlock77.5100.0
  90.0  Unlock100.0
    Unlock92.1100.0
  28.5  Unlock100.0
    Unlock$181,800$338,100
  94.6  Unlock100.0
    Unlock81.6100.0
  66.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.