Housing costs in Norman?
A typical home costs
$107,300, which is 68.3% less expensive than the national average of
$338,100 and 41.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Norman costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$840.
Can I afford Norman?
To live comfortably in Norman (zip 71960), Arkansas, a minimum annual income of
$20,520 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Norman?
The cost of living in 71960 Norman, AR is relatively affordable. Housing prices in the area are some of the most affordable in the state, with a median home value of around $108,000. Rent prices are also very reasonable with an average monthly rent price between $600 and $1,200. The cost of groceries and other necessities is generally low compared to other parts of the country. Overall, it is possible to live comfortably in 71960 Norman, AR without breaking the bank.