Housing costs in Elkins?
A typical home costs
$228,500, which is 32.4% less expensive than the national average of
$338,100 and 25.7% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Elkins costs
$940 per month, which is 11.9% more than the national average of
$840 and close to the state average of
$930.
Can I afford Elkins?
To live comfortably in Elkins (zip 72727), Arkansas, a minimum annual income of
$43,920 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Elkins?
The cost of living in 72727 Elkins, AR is relatively low compared to other parts of the country. The median home value is $117,400, and the median household income is $50,813. Housing costs are quite reasonable, with an average rent of just under $800 per month. Utilities are also very affordable; the average electric bill in Elkins is only around $90 per month. Grocery prices are also affordable, with a gallon of milk costing only about $3.75 and a loaf of bread costing less than $2. Overall, 72727 Elkins AR is an affordable place to live that provides residents with access to many amenities at a fraction of the cost found in more urban areas.