Housing costs in Grannis?
A typical home costs
$104,000, which is 69.2% less expensive than the national average of
$338,100 and 42.8% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Grannis costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 25.4% cheaper than the state average of
$840.
Can I afford Grannis?
To live comfortably in Grannis (zip 71944), Arkansas, a minimum annual income of
$19,800 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Grannis?
The cost of living in Grannis, AR is very reasonable compared to many other parts of the country. Housing prices are generally lower than the national average, with a median home value of just $74,400. Groceries and healthcare costs are also below average, making it an attractive place to live for those on a budget. In addition, transportation costs are relatively low due to the town's proximity to Hot Springs and Little Rock. Overall, Grannis provides a quality of life that can be hard to come by in many parts of the country at an affordable price.