Housing costs in Gilbert?
A typical home costs
$186,100, which is 45.0% less expensive than the national average of
$338,100 and 2.4% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Gilbert costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 23.5% cheaper than the state average of
$840.
Can I afford Gilbert?
To live comfortably in Gilbert, Arkansas, a minimum annual income of
$35,640 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Gilbert?
The cost of living in Gilbert, AR is quite affordable when compared to other cities in the United States. According to the Council for Community and Economic Research, the cost of living index for Gilbert is 77.9, which is below the national average of 100. Additionally, housing costs are extremely low with an average median home value of around $70,000. Groceries and healthcare tend to be more expensive than most other areas of the country due to the remote location, but overall Gilbert remains a bargain when it comes to day-to-day expenses.