Housing costs in Fifty-Six?
A typical home costs
$112,800, which is 66.6% less expensive than the national average of
$338,100 and 38.0% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Fifty-Six costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$840.
Can I afford Fifty-Six?
To live comfortably in Fifty-Six, Arkansas, a minimum annual income of
$21,600 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Fifty-Six?
Fifty-Six, AR is known for its low cost of living. The average cost of living index in Fifty-Six is about 86.7, which is nearly 14% lower than the national average. This means that the cost of housing, groceries, utilities, healthcare and transportation are all much more affordable in Fifty-Six compared to other areas across the country. This makes it an ideal place for retirees looking to save money on their expenses or for young professionals looking to start off their careers with a frugal lifestyle.