The Cost of Living is Low Compared to the rest of the country, the price for food, fuel, and fun is quite affordable. The median home cost in Little Rock is $143,000.
Is it cheap to live in Little Rock Arkansas?
Little Rock has a lower cost of living than the national average, so your money will go a long way in this region. The median sale price of a home is lower than the national median, while Little Rock residents generally pay less for things like food, utilities and health care than the average American.
Is Little Rock Arkansas a good place to live?
LITTLE ROCK, Ark. – Little Rock has been ranked as one of the best places to live in the United States. According to U.S. News and World Report, the capital city ranked 93 of 150 metro areas based on quality of life and the job market, along with value of living and people’s desire to live there.
Why are houses so cheap in Little Rock Arkansas?
Low demand to live in Arkansas (for whatever the reason, low job growth, now a desirable place to live, etc) causes low movement of inventory, which would cause low pricing (in order to move inventory quicker.
Is the cost of living high in Little Rock Arkansas?
Cost of living index in Little Rock is 40.35% lower than in New York. Cost of living rank 180th out of 388 cities in the world. Little Rock has a cost of living index of 59.65.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What are the pros and cons of living in Arkansas?
10 Pros And Cons Of Living In Arkansas
- Low cost of living.
- Low property taxes.
- Top-notch state universities.
- Nice weather & plentiful outdoor activities.
- Small town charm or bigger city vibe.
- High sales taxes.
- High crime rates.
- Less than the best educational system.
What should I know before moving to Little Rock?
10 Things to Know Before Moving to Little Rock, Arkansas
- The Food is Fantastic.
- The Cost of Living is Low.
- The People Are Friendly.
- Public Transportation is Limited.
- The River Market is Hoppin’
- It’s Close to Many Big Cities.
- There Are Several Attractive Attractions.
- Plenty of Hiking Options.
What percentage of Little Rock is black?
40.89%
Little Rock Demographics
White: 49.92% Black or African American: 40.89% Asian: 3.11% Two or more races: 2.84%
What is a good salary in Arkansas?
$3,752 is the 25th percentile. Salaries below this are outliers. $7,581 is the 90th percentile. Salaries above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.
| City | Little Rock |
|---|---|
| Annual Salary | $60,096 |
| Monthly Pay | $5,008 |
| Weekly Pay | $1,156 |
| Hourly Wage | $28.89 |
Is moving to Arkansas a good idea?
Moving to Arkansas? Good move: The Natural State is one of the best places to relocate thanks to a low cost of living and a high quality of life that includes plenty of outdoor recreation, employment opportunities, a strong arts scene and more. The people who come here tend to love it and end up staying a long time.
Is Arkansas cheaper than Texas?
Arkansas is 2.6% cheaper than Texas.
Why is everyone moving from Arkansas?
Trends show that people have been fleeing the hectic pace of major U.S. cities in search of greater work-life balance, more flexibility and other opportunities—and the numbers have been skyrocketing during the coronavirus pandemic. Arkansas was recently ranked the sixth most popular state to move to right now.
How much money do you need to live comfortably in Arkansas?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $25,918 | $48,890 |
| Annual taxes | $6,419 | $12,108 |
| Required annual income before taxes | $32,336 | $60,999 |
Is Arkansas cheap to live?
Compared to the rest of the country, Arkansas has a much lower cost of living. Arkansas has the third-lowest cost of living among all U.S. states. A dollar in Arkansas supports more real spending than it does in more expensive states.
How much is a gallon of milk in Little Rock Arkansas?
Little Rock is 36.68% less expensive than New York (without rent).
Cost of Living in Little Rock.
| Restaurants | Edit |
|---|---|
| Milk (regular), (1 gallon) | 3.47$ |
| Loaf of Fresh White Bread (1 lb) | 2.21$ |
| Rice (white), (1 lb) | 0.97$ |
| Eggs (regular) (12) | 2.29$ |
What is the best state to live in financially?
The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.
- New Jersey.
- Hawaii.
- Connecticut.
- Alaska.
- Illinois.
What are the 10 most expensive states to live in?
Here are the 10 states with the highest cost index:
- Hawaii (193.3)
- New York (148.2)
- California (142.2)
- Massachusetts (135)
- Oregon (130.1)
- Alaska (127.1)
- Maryland (124)
- Connecticut (121.6)
Which state has the cheapest food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
What are the dangers of living in Arkansas?
We are a great place to live or visit, but that doesn’t mean there aren’t dangerous things in Arkansas.
Here Are The 6 Biggest Risks Living In The State Of Arkansas
- Street Crime. Flickr/Alan Cleaver.
- Theft/Home Invasion. Flickr/Cliff.
- Tornado Destruction.
- Hunting Accident.
- Vehicle Accident.
- Drowning.
What are the negatives of living in Arkansas?
List of the Cons of Living in Arkansas
- The average crime rate in Arkansas is higher than the U.S. median.
- Arkansas offers a below-average educational system for families.
- Much of the state is rural with poverty a significant issue.
- The mosquitos are some of the biggest you’ve ever seen.