Question 1

What is the cost of living in Arkansas?

Accepted Answer

Arkansas has an average cost of living index of 68, which is 39% below the national average of 111. Average monthly rent across tracked cities is $1,171, and average median household income is $60,583.

Question 2

What is the cheapest city in Arkansas?

Accepted Answer

Little Rock is the most affordable city tracked in Arkansas, with a cost index of 68 and median rent of $1,171/month.

Question 3

What is the most expensive city in Arkansas?

Accepted Answer

Little Rock is the most expensive city tracked in Arkansas, with a cost index of 68 and median rent of $1,171/month.

Question 4

What is the average rent in Arkansas?

Accepted Answer

The average monthly rent across 1 tracked cities in Arkansas is $1,171. The cheapest rent is in Little Rock at $1,171/month.

Question 5

What is the average household income in Arkansas?

Accepted Answer

The average median household income across tracked cities in Arkansas is $60,583. The highest-earning city is Little Rock at $60,583.

Question 6

Is Arkansas affordable to live in?

Accepted Answer

Arkansas's average rent-to-income ratio is 23.2%. Financial advisors recommend keeping rent below 30% of gross income. Arkansas is generally considered affordable, with rent taking less than 30% of typical incomes.

Arkansas

Core metrics, city comparisons, and tax signals

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Arkansas

Core metrics, city comparisons, and tax signals