Housing costs in Montrose?
A typical home costs
$67,100, which is 80.2% less expensive than the national average of
$338,100 and 63.1% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Montrose costs
$570 per month, which is 60.1% cheaper than the national average of
$1,430 and 47.4% cheaper than the state average of
$840.
Can I afford Montrose?
To live comfortably in Montrose (zip 71658), Arkansas, a minimum annual income of
$12,960 for a family, and
$18,800 for a single person is recommended.
What does A.I. say about Montrose?
The cost of living in 71658 Montrose, AR is quite affordable. The median home value is $82,500 and the median household income is $57,000, which makes it an attractive option for people looking to stretch their budget. Utilities are also reasonably priced in the area with the average monthly electric bill costing around $75. Groceries are relatively inexpensive as well with the average cost of basic food items costing about 10-15% less than the national average. All in all, 71658 Montrose, AR offers a comfortable lifestyle without draining your wallet.