Housing costs in Wilmot?
A typical home costs
$58,800, which is 82.6% less expensive than the national average of
$338,100 and 67.7% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Wilmot costs
$580 per month, which is 59.4% cheaper than the national average of
$1,430 and 44.8% cheaper than the state average of
$840.
Can I afford Wilmot?
To live comfortably in Wilmot (zip 71676), Arkansas, a minimum annual income of
$11,160 for a family, and
$19,200 for a single person is recommended.
What does A.I. say about Wilmot?
The cost of living in 71676 Wilmot, AR is very reasonable. The median home cost in the area is around $75,000 and the median rental rate is approximately $750 a month. The overall cost of living index for Wilmot is 93.9, which is slightly lower than the US national average of 100. This means it's cheaper to live in Wilmot than it would be to live in other parts of the US. Additionally, groceries and health care costs are below average when compared to other cities and towns across the country. With its low cost of living and small town charm, Wilmot is an ideal place to call home for those looking for a budget-friendly lifestyle.