Zip 71854 (Texarkana, AR) Cost of Living


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Texarkana cost of living score
72.5
Less expensive
27.5% lower
than the US average
6.5% lower
than the Arkansas average
Texarkana (zip 71854), Arkansas gets a BestPlaces Cost of Living score of 72.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.5% lower than the U.S. average and 6.5% higher than the average for Arkansas.

Zip 71854 (Texarkana, AR)

Housing costs in Texarkana?
A typical home costs $145,000, which is 57.1% less expensive than the national average of $338,100 and 20.2% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Texarkana costs $900 per month, which is 7.1% more than the national average of $840 and 2.2% more than the state average of $880.

Can I afford Texarkana?
To live comfortably in Texarkana (zip 71854), Arkansas, a minimum annual income of $27,720 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Texarkana?
Texarkana, AR is an affordable place to live with a cost of living that is below the national average. The median home value in 71854 Texarkana is $87,400, which is 15% lower than the national average. Renters can find decent apartments for around $700 or less per month. Other expenses such as groceries and utility bills are also relatively low compared to other areas. Overall, this area offers a great quality of life at an affordable price point.
   Cost of living score
     CategoriesTexarkanaArkansasUnited States
  72.577.5100.0
  91.492.7100
  93.892.1100.0
  38.049.8100.0
  $145,000$181,800$338,100
  94.8%95.6%100.0%
  72.081.6100.0
  72.874.5100.0

   100=National Average

   Average Rent by Bedroom Size
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