Housing costs in Little Rock?
A typical home costs
$107,100, which is 68.3% less expensive than the national average of
$338,100 and 41.1% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock costs
$790 per month, which is 6.0% cheaper than the national average of
$840 and 16.5% cheaper than the state average of
$920.
Can I afford Little Rock?
To live comfortably in Little Rock (zip 72206), Arkansas, a minimum annual income of
$20,520 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Little Rock?
The cost of living in 72206 Little Rock, AR is reasonably affordable. The median home value in the area is just over $115,000; rent costs around $800 for a one-bedroom apartment. Utilities such as electricity and water tend to stay around the national average, while gas prices are lower than many other cities. Groceries and other essentials are also relatively inexpensive compared to other parts of the country. All in all, Little Rock offers a comfortable quality of life for an affordable price tag.