Housing costs in Lowell?
A typical home costs
$294,700, which is 12.8% less expensive than the national average of
$338,100 and 62.1% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Lowell costs
$940 per month, which is 11.9% more than the national average of
$840 and close to the state average of
$930.
Can I afford Lowell?
To live comfortably in Lowell (zip 72745), Arkansas, a minimum annual income of
$56,520 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Lowell?
The cost of living in 72745 Lowell, AR is quite reasonable. According to BestPlaces.net, the cost of living index for this area is 81.7, which is 19.3% lower than the national average. This means that housing costs, groceries, healthcare, transportation and other basic expenses are all much cheaper than in many other places across the country. In addition to this affordability, 72745 Lowell boasts a low unemployment rate of 5.3%, making it an attractive place for individuals and families looking for work or a new home.