Housing costs in North Little Rock?
A typical home costs
$119,200, which is 64.7% less expensive than the national average of
$338,100 and 34.4% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in North Little Rock costs
$920 per month, which is 9.5% more than the national average of
$840 and close to the state average of
$920.
Can I afford North Little Rock?
To live comfortably in North Little Rock (zip 72118), Arkansas, a minimum annual income of
$22,680 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about North Little Rock?
Living in 72118 North Little Rock, AR is relatively inexpensive. The median home value in the area is around $124,400, which is lower than the national average of $185,700. Renters can expect to pay an average of just $853 a month for a one-bedroom apartment and only $1,177 for a two-bedroom unit. Food costs are also relatively low with groceries averaging about 10 percent less than the nation as a whole. Utility rates are also very reasonable, with electricity being around 11% less than the national average. In short, living in 72118 North Little Rock, AR is quite affordable overall and residents have access to a variety of amenities that make it an attractive place to live.