Housing costs in Salem?
A typical home costs
$131,100, which is 61.2% less expensive than the national average of
$338,100 and 27.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Salem costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 15.1% cheaper than the state average of
$840.
Can I afford Salem?
To live comfortably in Salem (zip 72576), Arkansas, a minimum annual income of
$25,200 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Salem?
The cost of living in 72576 Salem, AR is quite affordable. According to the BestPlaces Bureau, the median household income in this area is $33,580 and the median home value is $74,000. This makes living in 72576 Salem, AR very reasonable when compared to larger cities. The cost of groceries and other basic necessities are also quite low, making it a great place to live for people on a budget. When it comes to entertainment and recreational activities, there are plenty of options available for residents of 72576 Salem, AR at a fraction of the cost that one would pay elsewhere.