Zip 71842 (Horatio, AR) Cost of Living


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United States / Arkansas / No Metro Area / Sevier County / Horatio / Horatio (zip 71842)
How much do I need to live in Horatio, Arkansas?
$2,280 / month
for a family, 57.8% less expensive than the national average A total of $27,360 for the year for a family.
$1,900 / month
for a single person, 60.1% less expensive than the national average A total of $22,800 for the year for a single person.

Horatio cost of living score
71.7
Less expensive
28.3% lower
than the US average
7.5% lower
than the Arkansas average
Horatio (zip 71842), Arkansas gets a BestPlaces Cost of Living score of 71.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.3% lower than the U.S. average and 7.5% higher than the average for Arkansas.

Zip 71842 (Horatio, AR)

Housing costs in Horatio?
A typical home costs $142,800, which is 57.8% less expensive than the national average of $338,100 and 21.5% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Horatio costs $690 per month, which is 51.7% cheaper than the national average of $1,430 and 21.7% cheaper than the state average of $840.

Can I afford Horatio?
To live comfortably in Horatio (zip 71842), Arkansas, a minimum annual income of $27,360 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Horatio?
The cost of living in 71842 Horatio, AR is relatively low compared to many other parts of the United States. Most basic goods and services are slightly more affordable than the national average, making it a great place for people on a budget. The median home value is significantly lower than the national average at just $64,500, and median rent is also much lower at an estimated $637 per month. Additionally, groceries are 15% cheaper on average in Horatio compared to the national average. All these factors make it easy to make ends meet for those living and working in this area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHoratioArkansasUnited States
    Unlock77.5100.0
  88.8  Unlock100.0
    Unlock92.1100.0
  30.8  Unlock100.0
    Unlock$181,800$338,100
  96.8  Unlock100.0
    Unlock81.6100.0
  64.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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