Zip 72540 (Guion, AR) Cost of Living


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United States / Arkansas / No Metro Area / Izard County / Guion / Guion (zip 72540)
How much do I need to live in Guion, Arkansas?
$1,890 / month
for a family, 65.0% less expensive than the national average A total of $22,680 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Guion cost of living score
69.9
Less expensive
30.1% lower
than the US average
9.8% lower
than the Arkansas average
Guion (zip 72540), Arkansas gets a BestPlaces Cost of Living score of 69.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.1% lower than the U.S. average and 9.8% higher than the average for Arkansas.

Zip 72540 (Guion, AR)

Housing costs in Guion?
A typical home costs $118,000, which is 65.1% less expensive than the national average of $338,100 and 35.1% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Guion costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 15.1% cheaper than the state average of $840.

Can I afford Guion?
To live comfortably in Guion (zip 72540), Arkansas, a minimum annual income of $22,680 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Guion?
The cost of living in 72540 Guion, AR is relatively low when compared to the rest of the United States. The median home price is $52,500, which is far lower than the national average. Renters can expect to pay around $450 a month for a two-bedroom apartment. Groceries and other necessities are also generally cheaper in the area. Additionally, property taxes are low and there is no state income tax. All in all, living in 72540 Guion, AR is quite affordable for most people looking for an inexpensive place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGuionArkansasUnited States
    Unlock77.5100.0
  94.2  Unlock100.0
    Unlock92.1100.0
  33.9  Unlock100.0
    Unlock$181,800$338,100
  97.7  Unlock100.0
    Unlock81.6100.0
  66.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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