Housing costs in Ravenden Springs?
A typical home costs
$121,800, which is 64.0% less expensive than the national average of
$338,100 and 33.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Ravenden Springs costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$840.
Can I afford Ravenden Springs?
To live comfortably in Ravenden Springs (zip 72460), Arkansas, a minimum annual income of
$23,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Ravenden Springs?
The cost of living in 72460 Ravenden Springs, AR is quite affordable. According to BestPlaces, the cost of living index for Ravenden Springs is 77, which is lower than the national average of 100. The median home price for Ravenden Springs is around $80,000, which makes housing costs significantly lower than comparable cities across the US. Groceries are also significantly cheaper in Ravenden Springs compared to other cities around the country. The median household income for Ravenden Springs is a little over $28,000 a year, so the cost of living in this area makes it an ideal place for people looking to save money while still enjoying all the amenities that come with city life.