Housing costs in Caraway?
A typical home costs
$98,700, which is 70.8% less expensive than the national average of
$338,100 and 45.7% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Caraway costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 9.1% cheaper than the state average of
$840.
Can I afford Caraway?
To live comfortably in Caraway, Arkansas, a minimum annual income of
$19,080 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Caraway?
The cost of living in Caraway, AR is relatively low compared to other areas in the United States. The median home value in Caraway is around $65,000, which is quite a bit lower than the national average of $230,000. Additionally, the cost of groceries and other necessities are also much lower than the U.S. average. In fact, groceries in Caraway cost on average 6% less than the rest of the nation. This makes it a great place to live for those who are looking for an affordable lifestyle.