Housing costs in Farmington?
A typical home costs
$299,000, which is 11.6% less expensive than the national average of
$338,100 and 64.5% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Farmington costs
$1,040 per month, which is 23.8% more than the national average of
$840 and 10.6% more than the state average of
$930.
Can I afford Farmington?
To live comfortably in Farmington (zip 72730), Arkansas, a minimum annual income of
$57,240 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Farmington?
The cost of living in 72730 Farmington, AR is quite affordable compared to other areas. According to Best Places, the median home price in this zipcode is about $122,000 - significantly lower than the national average. The median household income is also lower than the national average, making it easier for individuals and families to make ends meet. In addition, groceries and health care costs are relatively low when compared to other areas of the country. All in all, 72730 Farmington provides a relatively low-cost living environment for those looking to settle down or just pass through.