When it comes to owning a home, where is the most affordable place to live in Arkansas?

Owning a home is a huge rite of passage. It's a momentous occasion in anyone's life. A home is where your life unfolds. It's your safe haven. Whether it's a condo, apartment, house, or mansion, we all work hard to obtain a home.

And there's a lot more that goes into the affordability of a home besides just the price.

At least that's what SmartAsset is telling us. Recently they compiled a list of the most affordable cities in each state. They looked at factors like "closing costs, real estate, taxes, homeowners insurance and mortgage rates." After determining those amounts, they looked at those numbers over a five year period.

Here are the top 10 most affordable cities in Arkansas:

10. El Dorado
9. White Hall
8. Greenwood
7. East End
6. Marion
5. Wynne
4. Pocahontas
3. Pea Ridge
2. Forrest City
1. Gibson