Housing costs in Little Rock?
A typical home costs
$344,000, which is 1.7% more expensive than the national average of
$338,100 and 89.2% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock costs
$1,220 per month, which is 45.2% more than the national average of
$840 and 24.6% more than the state average of
$920.
Can I afford Little Rock?
To live comfortably in Little Rock (zip 72201), Arkansas, a minimum annual income of
$65,880 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Little Rock?
The cost of living in 72201 Little Rock, AR is slightly above the national average. According to the 2019 Cost of Living Index, Little Rock ranks as the city with the 83rd highest cost of living. Housing costs are higher than average, with an estimated median home price of $183,700 and monthly rent for a two-bedroom apartment costing around $780. Groceries are also slightly more expensive than usual. The overall cost of goods and services is just above the national average, making it somewhat more expensive to live here than other cities across the country.