AR · Rank 37 of 50 affordable
Can teachers afford to live in Arkansas?
Tight, but workable.
The average Arkansas teacher earns $51,668 per year. A typical 2-bedroom rents for about $1,496/mo, which is 35% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$51,668
Cost-of-Living Index
88
US avg = 100
Affordability Score
34/100
Renting in Arkansas
2BR Rent / mo
$1,496
Annual Rent
$17,952
% of Salary
35%
Left after rent
$2,810/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Arkansas
Median Home Price
$369,600
10% Down
$36,960
P&I (7%, 30yr)
$2,213/mo
Full PITI
$2,660/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.