Zip 72677 (Summit, AR) Cost of Living


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United States / Arkansas / No Metro Area / Marion County / Summit / Summit (zip 72677)
How much do I need to live in Summit, Arkansas?
$1,590 / month
for a family, 70.6% less expensive than the national average A total of $19,080 for the year for a family.
$1,800 / month
for a single person, 62.2% less expensive than the national average A total of $21,600 for the year for a single person.

Summit cost of living score
74
Less expensive
26.0% lower
than the US average
4.5% lower
than the Arkansas average
Summit (zip 72677), Arkansas gets a BestPlaces Cost of Living score of 74, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.0% lower than the U.S. average and 4.5% higher than the average for Arkansas.

Zip 72677 (Summit, AR)

Housing costs in Summit?
A typical home costs $99,900, which is 70.5% less expensive than the national average of $338,100 and 45.0% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Summit costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 16.7% cheaper than the state average of $840.

Can I afford Summit?
To live comfortably in Summit (zip 72677), Arkansas, a minimum annual income of $19,080 for a family, and $21,600 for a single person is recommended.

What does A.I. say about Summit?
The cost of living in 72677 Summit, AR is quite reasonable compared to the national average. The average home price is approximately $100,000, and other costs such as food and gas are also quite affordable. Additionally, the high median income of the area makes it a great choice for those looking for a smaller town with an affordable cost of living. With its small-town charm and access to nearby amenities, 72677 Summit, AR offers residents an opportunity to enjoy all that rural living has to offer without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSummitArkansasUnited States
    Unlock77.5100.0
  91.7  Unlock100.0
    Unlock92.1100.0
  25.5  Unlock100.0
    Unlock$181,800$338,100
  96.1  Unlock100.0
    Unlock81.6100.0
  65.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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