Housing costs in Payneway?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Payneway costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 5.0% cheaper than the state average of
$840.
Can I afford Payneway?
To live comfortably in Payneway, Arkansas, a minimum annual income of
$10,800 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Payneway?
The cost of living in Payneway, AR is significantly lower than the US average. According to research, the median house value in Payneway is much lower than the national average of $338,100. This makes it easier for residents to afford a home and live comfortably in this area. Additionally, the overall cost of living in Payneway is below the US average which helps to make day-to-day expenses more affordable for people who live there. It's not surprising that many people find Payneway an attractive place to live given its affordability and low cost of living.