Housing costs in Okolona?
A typical home costs
$97,500, which is 71.2% less expensive than the national average of
$338,100 and 46.4% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Okolona costs
$640 per month, which is 23.8% cheaper than the national average of
$840 and 12.5% cheaper than the state average of
$720.
Can I afford Okolona?
To live comfortably in Okolona (zip 71962), Arkansas, a minimum annual income of
$18,720 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Okolona?
The cost of living in 71962 Okolona, AR is relatively low compared to the national average. Housing in particular is very affordable, with the median listing price for a home at $64,900 and an overall median household income of $34,000. Groceries, health care, utilities, and transportation are also reasonably priced. Despite the low costs of living, residents still enjoy amenities such as restaurants, shopping malls, schools, parks, and recreation centers. Overall, 71962 Okolona provides an excellent quality of life without breaking the budget.