Housing costs in Gravette?
A typical home costs
$255,800, which is 24.3% less expensive than the national average of
$338,100 and 40.7% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Gravette costs
$960 per month, which is 14.3% more than the national average of
$840 and 3.1% more than the state average of
$930.
Can I afford Gravette?
To live comfortably in Gravette (zip 72736), Arkansas, a minimum annual income of
$48,960 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Gravette?
The cost of living in 72736 Gravette, AR is quite affordable. The cost of housing is relatively low compared to other areas, with the average home selling for around $119,900. The median household income in this area is about $45,043, which helps to keep living costs low. Utilities are also very reasonable in the area, making it ideal for those on a budget. Additionally, taxes are lower than in many other parts of the country, which helps to further lower the cost of living.