Housing costs in Smackover?
A typical home costs
$88,300, which is 73.9% less expensive than the national average of
$338,100 and 51.4% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Smackover costs
$780 per month, which is 7.1% cheaper than the national average of
$840 and 2.6% more than the state average of
$760.
Can I afford Smackover?
To live comfortably in Smackover (zip 71762), Arkansas, a minimum annual income of
$16,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Smackover?
71762 Smackover, AR has a relatively low cost of living compared to other areas across the United States. According to BestPlaces, the overall cost of living index in 71762 is 79.6, while the national average is 100. This means that goods and services generally cost 20% less in 71762 than they do elsewhere in the country. Housing costs are particularly affordable, with a median home price of $70,000 and a median rent of only $561 per month. Additionally, utilities are relatively inexpensive in Smackover with an average monthly bill around $171 for electricity and gas. All of these factors make 71762 a great place to live for those looking for an affordable lifestyle without sacrificing quality or convenience.