Housing costs in London?
A typical home costs
$161,800, which is 52.1% less expensive than the national average of
$338,100 and 11.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in London costs
$730 per month, which is 13.1% cheaper than the national average of
$840 and close to the state average of
$740.
Can I afford London?
To live comfortably in London (zip 72847), Arkansas, a minimum annual income of
$30,960 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about London?
The cost of living in 72847 London, AR is relatively low compared to most areas. According to the Cost of Living Index, the overall cost of living in 72847 is about 8% lower than the United States average, making it a great place for anyone looking to stretch their money further. Housing costs are especially low with an average purchase price around $85,000 and monthly rent averaging just over $600. Groceries and health care expenses are also very affordable in 72847 with prices remaining fairly consistent year-round. With its low cost of living and great quality of life, 72847 London is an excellent option for those looking to maximize their budget.