
Housing costs in Fort Smith?
A typical home costs
$284,100, which is 16.0% less expensive than the national average of
$338,100 and 56.3% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Fort Smith costs
$930 per month, which is 10.7% more than the national average of
$840 and 15.1% more than the state average of
$790.
Can I afford Fort Smith?
To live comfortably in Fort Smith (zip 72916), Arkansas, a minimum annual income of
$54,360 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Fort Smith?
The cost of living in 72916 Fort Smith, AR is relatively low. According to BestPlaces, the average monthly utility costs in the area are around $143, and housing costs are typically between $610 and $856 per month for a one bedroom apartment. In addition, groceries and health care tend to be cheaper overall than other areas of the US. Residents can also enjoy a few tax advantages due to Arkansas having some of the lowest state taxes in the nation. This makes Fort Smith an affordable place to live for those looking for a modest income lifestyle.