Housing costs in Little Rock?
A typical home costs
$108,700, which is 67.8% less expensive than the national average of
$338,100 and 40.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock costs
$950 per month, which is 13.1% more than the national average of
$840 and 3.2% more than the state average of
$920.
Can I afford Little Rock?
To live comfortably in Little Rock (zip 72204), Arkansas, a minimum annual income of
$20,880 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Little Rock?
The cost of living in Little Rock, AR is generally considered to be very affordable. The median home price for the 72204 zip code is around $200,000, which is lower than most other cities of similar size. Additionally, food costs are quite low with a meal for two at an inexpensive restaurant costing approximately $25. Utility costs are also fairly low as well, with the average electricity bill for a typical household being just over $100. Overall, Little Rock can be seen as a great option for individuals and families who wish to save money on their cost of living while still enjoying all that city living has to offer.