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Cost of Living in Arkansas

Overall index: 90.1 — ranked #43 of 51 (below average cost).

Where your money goes in Arkansas

Estimated spending breakdown on a $75,000 salary in Arkansas

Housing$19,503
Groceries$9,194
Utilities$4,951
Transportation$10,884
Healthcare$5,238
Dining & Misc$7,313
Savings$9,750
Discretionary$8,167

Estimated annual spending: $57,083($17,917 remaining)

What things cost in Arkansas

Item Arkansas US Average Difference
Median home price $195,000 $360,000 $-165,000
Average 2BR rent $1,103/mo $1,400/mo $-297
Gas (regular) $3.05/gal $3.50/gal $0.45
Electric bill $85/mo $137/mo $52
Infant childcare $8,873/yr $13,500/yr $4,627
Dozen eggs $4.67 $4.95 $0.28
Monthly groceries $387/mo $410/mo $23

Sources: AAA gas prices, EIA electricity, Zillow ZHVI, Child Care Aware, MERIC/C2ER indices. Eggs and groceries estimated from MERIC grocery index applied to BLS averages.

Cost of living index by category

National average = 100 for each category

Housing 78.8
Groceries 94.3
Utilities 94.3
Transportation 90.7
Healthcare 87.3
Dining & Misc 97.5
National average (100)

Salary equivalent: Arkansas vs national average

What a salary in Arkansas is actually worth in national-average purchasing power.

Salary Purchasing power Difference
$50,000 $45,050 $-4,950
$75,000 $67,575 $-7,425
$100,000 $90,100 $-9,900
$125,000 $112,625 $-12,375
$150,000 $135,150 $-14,850
$200,000 $180,200 $-19,800

Negative difference means your money goes further in Arkansas than the national average.

Compare Arkansas with other states

FAQ

What is the cost of living in Arkansas?

Arkansas has an overall cost-of-living index of 90.1, making it below average cost (ranked #43 of 51 states, where #1 is most expensive). The national average is 100. Housing is the biggest factor — median home prices are $195,000 and average 2-bedroom rent is $1,103/month.

Is Arkansas expensive to live in?

No, Arkansas is more affordable than most states with an overall index of 90.1 (average = 100). Housing is particularly affordable at 78.8% of the national average.

How much does housing cost in Arkansas?

The median home price in Arkansas is $195,000 and average 2-bedroom rent is $1,103/month. Arkansas's housing index is 78.8 (national average = 100), meaning housing is 21.200000000000003% below the national average.

How much are groceries in Arkansas?

Arkansas's grocery index is 94.3 (national average = 100). A dozen eggs costs approximately $4.67 and a typical monthly grocery bill for a household runs about $387, compared to the national average of $410.

What is the average electric bill in Arkansas?

The average monthly electric bill in Arkansas is $85 based on the state's residential rate of 9.59¢/kWh and average household consumption of 886 kWh/month (EIA 2024).

How much does childcare cost in Arkansas?

Center-based infant childcare in Arkansas averages $8,873/year ($739/month). The national average is approximately $13,500/year. This data is from Child Care Aware of America's 2024 report.

What salary do I need to live comfortably in Arkansas?

A $75,000 salary in Arkansas has the same purchasing power as $83,241 at the national average cost of living. Your salary goes about as far as the national average. Use the calculator above with your specific salary to see how it compares.

Where does this data come from?

Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.

Related tools

Based on MERIC/C2ER 2025 indices, AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), and Zillow home values (2024-2025). Individual costs vary by city, neighborhood, and lifestyle.