Housing costs in Fayetteville?
A typical home costs
$310,800, which is 8.1% less expensive than the national average of
$338,100 and 71.0% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Fayetteville costs
$1,060 per month, which is 26.2% more than the national average of
$840 and 12.3% more than the state average of
$930.
Can I afford Fayetteville?
To live comfortably in Fayetteville (zip 72704), Arkansas, a minimum annual income of
$59,400 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Fayetteville?
The cost of living in 72704 Fayetteville, AR is very reasonable compared to other cities in the United States. The median home price in 72704 is $180,000, which is a bargain for the area. Renters will also find that rents are relatively affordable too with an average rent of $862 per month. Transportation costs are low as well, with an average cost of gasoline being only $2.24 per gallon. Utility costs are quite reasonable too with an average electricity bill costing just over $97 and an average water bill of about $30. All in all, 72704 Fayetteville, AR is an affordable city to live in for working professionals and families alike.