Housing costs in Royal?
A typical home costs
$248,600, which is 26.5% less expensive than the national average of
$338,100 and 36.7% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Royal costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% more than the state average of
$840.
Can I afford Royal?
To live comfortably in Royal (zip 71968), Arkansas, a minimum annual income of
$47,520 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Royal?
The cost of living in 71968 Royal, AR is relatively low compared to other cities in the surrounding area. Most goods and services are provided at competitive prices, making the city a great choice for families looking to save money while still having access to the amenities they need. The median home price in this area is around $80,000, which is significantly lower than some of the neighboring towns. Additionally, utility costs remain low and unemployment rates have been decreasing over the years. All in all, Royal provides its residents with an affordable option for both housing and amenities that make it an attractive place to live.