Housing costs in Little Rock?
A typical home costs
$430,400, which is 27.3% more expensive than the national average of
$338,100 and 136.7% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Little Rock costs
$1,160 per month, which is 38.1% more than the national average of
$840 and 20.7% more than the state average of
$920.
Can I afford Little Rock?
To live comfortably in Little Rock (zip 72223), Arkansas, a minimum annual income of
$82,440 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Little Rock?
The cost of living in Little Rock, AR (Zip Code 72223) is relatively affordable compared to other areas in the United States. The housing market in Little Rock is particularly attractive, with median home prices currently sitting at around $150,000. Groceries and healthcare goods are also generally quite affordable, making it possible to get by on a lower budget than many other parts of the country. Additionally, public transportation and utilities costs remain relatively low throughout the city, further helping to reduce the burden of day-to-day expenses. All told, Little Rock offers an attractive cost of living that can be beneficial for families looking to save money without compromising quality of life.