Housing costs in Little Rock?
A typical home costs
$338,100, which is 0.0% less expensive than the national average of
$338,100 and 86.0% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock costs
$1,060 per month, which is 26.2% more than the national average of
$840 and 13.2% more than the state average of
$920.
Can I afford Little Rock?
To live comfortably in Little Rock (zip 72212), Arkansas, a minimum annual income of
$64,800 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Little Rock?
The cost of living in 72212 Little Rock, AR is relatively affordable. According to the Best Places Cost of Living Index, the city has an overall score of 85 out of 100, which indicates that living expenses are below average compared to other US locations. Housing costs in particular are quite low, with median home prices being around $130,000 and monthly rental rates for a two-bedroom apartment coming in at just over $750. Groceries are also cheaper than other metropolitan areas, with a meal for two at an inexpensive restaurant costing around $30. In addition, local transportation costs are low due to the abundance of public transportation options and gas prices being fairly consistent within the area. All things considered, 72212 Little Rock, AR is an excellent location for those looking for an affordable place to live.