Housing costs in Dermott?
A typical home costs
$65,500, which is 80.6% less expensive than the national average of
$338,100 and 64.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Dermott costs
$580 per month, which is 59.4% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$840.
Can I afford Dermott?
To live comfortably in Dermott (zip 71638), Arkansas, a minimum annual income of
$12,600 for a family, and
$17,600 for a single person is recommended.
What does A.I. say about Dermott?
The cost of living in Dermott, AR is very affordable. The median home value is just $60,500, which is much lower than the national average of $231,200. Furthermore, the median household income in the area is just over $29,000 a year and the overall cost of living index is 14 percent below the national rate. This means that all essential goods and services such as groceries, healthcare expenses, transportation costs, utilities, and other items are much more affordable in this city compared to other areas. In addition, taxes are low making it an ideal destination for those looking for a place to live with a low cost of living.