Housing costs in Hermitage?
A typical home costs
$102,200, which is 69.8% less expensive than the national average of
$338,100 and 43.8% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Hermitage costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$840.
Can I afford Hermitage?
To live comfortably in Hermitage (zip 71647), Arkansas, a minimum annual income of
$19,440 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Hermitage?
The cost of living in 71647 Hermitage, AR is relatively low compared to other parts of the country. The median home price in the area is just over $80,000, which is very affordable considering comparable prices in other areas. Additionally, the overall cost of goods and services in the area is close to 8% below the national average, providing residents with a great value for their money. All in all, living in 71647 Hermitage, AR provides an excellent quality of life at an economical price.