Zip 72843 (Hector, AR) Cost of Living


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Hector cost of living score
74.5
Less expensive
25.5% lower
than the US average
3.9% lower
than the Arkansas average
Hector (zip 72843), Arkansas gets a BestPlaces Cost of Living score of 74.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.5% lower than the U.S. average and 3.9% higher than the average for Arkansas.

Zip 72843 (Hector, AR)

Housing costs in Hector?
A typical home costs $128,400, which is 62.0% less expensive than the national average of $338,100 and 29.4% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Hector costs $720 per month, which is 14.3% cheaper than the national average of $840 and 2.8% cheaper than the state average of $740.

Can I afford Hector?
To live comfortably in Hector (zip 72843), Arkansas, a minimum annual income of $24,480 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Hector?
The cost of living in Hector, AR (zip code 72843) is fairly affordable. The median home value is $58,500, which is lower than the national average of nearly $200,000. Additionally, the median household income in Hector is $37,100 - slightly lower than the national average of $60,000. These factors make it possible for many families to comfortably afford housing and other necessary living expenses.
   Cost of living score
     CategoriesHectorArkansasUnited States
  74.577.5100.0
  92.592.7100
  92.592.1100.0
  35.449.8100.0
  $128,400$181,800$338,100
  97.9%95.6%100.0%
  89.181.6100.0
  86.874.5100.0

   100=National Average

   Average Rent by Bedroom Size
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