Housing costs in Little Rock?
A typical home costs
$209,900, which is 37.9% less expensive than the national average of
$338,100 and 15.5% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock costs
$1,030 per month, which is 22.6% more than the national average of
$840 and 10.7% more than the state average of
$920.
Can I afford Little Rock?
To live comfortably in Little Rock (zip 72205), Arkansas, a minimum annual income of
$40,320 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Little Rock?
The cost of living in Little Rock, AR (zip code 72205) is relatively affordable compared to most U.S. cities. The median home value in the area is $120,000, which is significantly lower than the national average of $200,000. Additionally, the overall cost of living in Little Rock is 10% lower than the national average, making it an attractive and budget friendly option for those looking to relocate or visit. Groceries and healthcare are also relatively inexpensive compared to other parts of the country. Overall, Little Rock offers a high quality of life with a low price tag attached.