Housing costs in Fayetteville?
A typical home costs
$334,600, which is 1.0% less expensive than the national average of
$338,100 and 84.0% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Fayetteville costs
$970 per month, which is 15.5% more than the national average of
$840 and 4.1% more than the state average of
$930.
Can I afford Fayetteville?
To live comfortably in Fayetteville (zip 72701), Arkansas, a minimum annual income of
$64,080 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Fayetteville?
The cost of living in 72701 Fayetteville, AR is relatively affordable compared to many other places. According to Sperling's Best Places, the cost of living index for 72701 is 79.1 which is below the national average. Housing costs are much lower here than in many areas with median home prices at around $179,000 and rent for a one-bedroom apartment averaging around $625 per month. Groceries, healthcare, and utilities are also very affordable with no sales tax on food or medicine. Overall, 72701 Fayetteville, AR offers an excellent quality of life at a reasonable price.