Joplin, Missouri
Average rent: $1,430
Average meal: $10
Median household income: $41,063
Tupelo, Mississippi
Average rent: $906
Average meal: $12
Median household income: $45,161
Fayetteville, Arkansas
Average rent: $1,432
Average meal: $12
Median household income: $41,158
Conway, Arkansas
Average rent: $687
Average meal: $13
Median household income: $46,741
Pittsburg, Kansas
Average rent: $638
Average meal: N/A
Median household income: $31,948
Do you live in any of these cities? Another study by Clever Real Estate said that there has been a 121% increase in home prices since the ’60s. Yet, there was only a 29% increase in the median household income. These numbers have been adjusted for inflation. It also found that the gap between national home prices and household income just keeps increasing. It is difficult for many people to purchase a home these days!
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