- Arkansas is 2.6% cheaper than Texas.
Moreover, Which state has lowest cost of living? 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 is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
Likewise, Is it cheaper to live in Arkansas or Tennessee? Although both states are affordable, Arkansas is cheaper to live in than Tennessee by 8.6%.
Where is the best place in Arkansas to live? Here are some of the best places to live in Arkansas.
- Fayetteville. Home to the University of Arkansas, Fayetteville is on the outskirts of the Boston Mountains and serves as the regional hub of Northwest Arkansas. …
- Little Rock. …
- Fort Smith. …
- Jonesboro. …
- Rogers. …
- Bentonville. …
- Hot Springs. …
- Texarkana.
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 states give you the most house for your money?
Buying a home in these 7 states gives you the most bang for your…
- Indiana.
- Mississippi. …
- Arkansas. …
- Ohio. …
- West Virginia. …
- Alabama. Alabama’s median home price of $92 per square foot translates into a 3,256-square-foot home for $300,000. …
- Oklahoma. In Oklahoma, $300,000 will buy you a 3,175-square foot home, on average. …
What is considered a good salary in Arkansas?
$21.65 is the 25th percentile. Wages below this are outliers. $43.74 is the 90th percentile. Wages above this are outliers.
…
What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.
| City | Fort Smith |
|---|---|
| Annual Salary | $55,715 |
| Monthly Pay | $4,643 |
| Weekly Pay | $1,071 |
| Hourly Wage | $26.79 |
What is middle class in Arkansas?
In a handful of states, the cost to live a middle-class life is less than the median salary.
…
How much you have to earn to be middle class in every state.
| State | Middle-class income | Median household income |
|---|---|---|
| West Virginia | $41,649 | $48,850 |
| Arkansas | $40,928 | $48,952 |
• Apr 16, 2021
What is the most common job in Arkansas?
The most common job groups, by number of people living in Arkansas, are Driver/sales workers & truck drivers (45,615 people), Registered nurses (31,933 people), and Firstline supervisors of retail sales workers (29,319 people).
What is considered low income in Arkansas?
| Household Size | 50% of AMI | Extremely Low Income (ELI) |
|---|---|---|
| 1 person | $19,050 | $12,880 |
| 2 person | $21,800 | $17,420 |
| 3 person | $24,500 | $21,960 |
| 4 person | $27,200 | $26,500 |
• Apr 1, 2021
Who is the largest employer in Arkansas?
Detailed List Of The 100 Biggest Companies In Arkansas
| Rank | Company | Employees |
|---|---|---|
| 1 | Walmart | 2,200,000 |
| 2 | Tyson Foods | 122,000 |
| 3 | Tyson Chicken | 122,000 |
| 4 | Dillard’s | 40,000 |
• Jun 7, 2021
What salary is upper class?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What is high class salary?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
Is $120 000 a year middle class?
Pew defines the middle class as those whose annual household income is two-thirds to double the national median, which was $57,617 as of 2016. By that definition, a middle-income three-person household earns about $45,000 to $135,000.
What is a good salary in Arkansas?
$21.65 is the 25th percentile. Wages below this are outliers. $43.74 is the 90th percentile. Wages above this are outliers.
…
What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.
| City | Fort Smith |
|---|---|
| Annual Salary | $55,715 |
| Monthly Pay | $4,643 |
| Weekly Pay | $1,071 |
| Hourly Wage | $26.79 |
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.
What is upper class income in Arkansas?
Average Household Income: $69,357. Per Capita Income: $27,724. 4.0% of Households in Arkansas are High Income Households that make over $200,000 a year.
What is considered wealthy in Arkansas?
In Arkansas, it requires a personal net worth of at least $1,430,149 to be among the top 1 percent in the state, according to Windfall.
Is Arkansas cheaper than Texas?
Arkansas is 2.6% cheaper than Texas.
Where is the cheapest place to live in Arkansas?
2021 Most Affordable Cities in Arkansas
- Forrest City.
- Helena.
- West Memphis.
- El Dorado.
- Blytheville.
- Harrison.
- Hope.
- Russellville.
Where is the cheapest state to live?
Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
