Housing costs in Greenwood?
A typical home costs
$196,500, which is 41.9% less expensive than the national average of
$338,100 and 8.1% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Greenwood costs
$820 per month, which is 2.4% cheaper than the national average of
$840 and 3.7% more than the state average of
$790.
Can I afford Greenwood?
To live comfortably in Greenwood (zip 72936), Arkansas, a minimum annual income of
$37,800 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Greenwood?
The cost of living in the small town of 72936 Greenwood, AR is quite reasonable. The median home cost is $82,400 and the median household income is $47,812 which is slightly lower than the national average. Groceries, utilities, health care and other living costs are also quite affordable when compared to other areas of the United States. The overall cost of living index for 72936 Greenwood, AR is 77.7 which makes it one of the more reasonably priced regions in Arkansas. With a rating this low, it provides an excellent opportunity for people looking to stretch their dollar further and find a good quality of life without breaking the bank.