Zip 71861 (Taylor, AR) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Taylor, Arkansas?
$1,560 / month
for a family, 71.1% less expensive than the national average A total of $18,720 for the year for a family.
$1,767 / month
for a single person, 62.9% less expensive than the national average A total of $21,200 for the year for a single person.

Taylor cost of living score
68.7
Less expensive
31.3% lower
than the US average
11.4% lower
than the Arkansas average
Taylor (zip 71861), Arkansas gets a BestPlaces Cost of Living score of 68.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.3% lower than the U.S. average and 11.4% higher than the average for Arkansas.

Zip 71861 (Taylor, AR)

Housing costs in Taylor?
A typical home costs $96,800, which is 71.4% less expensive than the national average of $338,100 and 46.8% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Taylor costs $700 per month, which is 16.7% cheaper than the national average of $840 and 2.9% cheaper than the state average of $720.

Can I afford Taylor?
To live comfortably in Taylor (zip 71861), Arkansas, a minimum annual income of $18,720 for a family, and $21,200 for a single person is recommended.

What does A.I. say about Taylor?
The cost of living in 71861 Taylor, AR is relatively affordable compared to the state average and other parts of the country. The median housing costs are lower than the state average, as well as groceries, utilities, transportation, and health care costs. Additionally, there is no state income tax and sales taxes are low at only 6.5%. Property taxes are also reasonable for homeowners. Overall, those looking for a place to live that offers a more competitive cost of living may want to consider Taylor in their search.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTaylorArkansasUnited States
    Unlock77.5100.0
  89.2  Unlock100.0
    Unlock92.1100.0
  25.5  Unlock100.0
    Unlock$181,800$338,100
  96.3  Unlock100.0
    Unlock81.6100.0
  85.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.