Cities in Arkansas where Household Expenses are Highest and Lowest

If you’re considering a move to Arkansas, there are many reasons to be excited about. From a low cost of living to breathtaking natural scenery, the state has a lot to offer.

One of the most attractive aspects of living in Arkansas is the affordable cost of living. The state’s residents pay an average of $1,635 in ten common bills per month, with rent and mortgage expenses lower than the national average. The average mortgage payment in Arkansas is $947, and average rent is $807, compared to the national average of $1,321 and $1,191, respectively. Arkansas households also pay less for utilities and auto insurance than the national average. This means you’ll have more money to spend on other things, whether it’s exploring the state’s many attractions or saving up for the future.

While Maumelle and Bentonville are the cities with the highest average household bills, residents of Bentonville spend a smaller proportion of their income on bills than those in Maumelle. In fact, Bentonville’s bills only represent 29% of household income, compared to Maumelle’s 46%. If you’re looking for the most affordable places to live in Arkansas, Pocahontas and Pine Bluff are two cities to consider. Residents of Pocahontas pay an average of $1,224 per month for household bills, representing 32% of local income. Pine Bluff is the second most affordable city, with average bills of $1,374 per month. Other cities on the list of the 10 least expensive places in Arkansas include Hope, Crossett, and El Dorado, with average monthly bills ranging from $1,390 to $1,423.

Apart from the cost of living, Arkansas has many other attractions. The state is known for its natural beauty, including the Ozark and Ouachita Mountains, the Mississippi River, and the Hot Springs National Park. Outdoor enthusiasts will find plenty of opportunities for hiking, camping, and fishing. Arkansas is also home to vibrant cities like Little Rock and Fayetteville, where you can enjoy great food, music, and cultural events.

Moving to Arkansas can be a great choice for anyone looking for an affordable place to live with plenty of natural beauty and cultural attractions. With lower-than-average household bills, you’ll have more money to enjoy all that the state has to offer. Whether you’re a nature lover or a city dweller, Arkansas has something for everyone.

2023 Report: Cities in Arkansas where Household Expenses are Highest and Lowest

Thinking of moving or investing and need a referral for a Real Estate Broker, we can help: email us at TEAM@McDanielCallahan.com, fill in the form below or call 925-838-4300. Terry McDaniel DRE license #00941526

Author: Terry McDaniel

What motivates me? 1. Fun. 2. Learning. 3. Blessing and prospering people before profit. 4. Being the hero.

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