Housing costs in Elaine?
A typical home costs
$92,300, which is 72.7% less expensive than the national average of
$338,100 and 49.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Elaine costs
$520 per month, which is 38.1% cheaper than the national average of
$840 and 38.5% cheaper than the state average of
$720.
Can I afford Elaine?
To live comfortably in Elaine (zip 72389), Arkansas, a minimum annual income of
$17,640 for a family, and
$16,000 for a single person is recommended.
What does A.I. say about Elaine?
The cost of living in 72389 Elaine, AR is relatively affordable. The median home cost in the area is around $90,000 which is much lower than the national average and makes it an attractive option for those looking to purchase a home in this area. The overall cost of living index is slightly below the national average, making it affordable even for those living on a fixed income or budget. The local economy has remained steady and jobs are plentiful, making it a great place to live for those who want to save money yet still enjoy the amenities of city life.