What Is The Cost Of Living In Arkansas Compared To Texas?

Comparison Highlights

Cost of Living Indexes Little Rock, AR Dallas, TX
Overall Index: Homeowner, No Child care, Taxes Not Considered 80.9 101
Food & Groceries 95.8 99.1
Housing (Homeowner) 61.9 92.9
Median Home Cost $163,100 $259,800

Is it cheaper to live in Texas or Arkansas?

Arkansas is 2.6% cheaper than Texas.

Is Arkansas an expensive state to live in?

Living in Arkansas is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 14.7% less than they do on average nationwide. Compared with all other states, Arkansas has the lowest overall cost of living.

Where does Arkansas rank in cost of living?

9
The city with the lowest cost of living index for 2022 was St. Louis, with an index of 85.0. The city with the highest cost of living was Columbia, with an index of 95.2.
2022 First Quarter Cost of Living.

Rank 1 9
State Mississippi Arkansas
Index 83.1 89.9
Grocery 92.3 92.9
Housing 63.8 76.7

How much does it cost to live comfortably in Arkansas?

A cost of living index above 100 means Arkansas, Arkansas is more expensive.
Arkansas cost of living is 79.0.

COST OF LIVING Arkansas United States
Grocery 92.7 100
Health 86.5 100
Housing 55.7 100
Median Home Cost $145,300 $291,700

What is the best state to live in financially?

Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.

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Where is the cheapest state to live?

Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.

Why are houses in Arkansas so cheap?

Low demand to live in Arkansas (for whatever the reason, low job growth, now a desirable place to live, etc) causes low movement of inventory, which would cause low pricing (in order to move inventory quicker.

Where is the cheapest place to live in Arkansas?

2021 Most Affordable Cities in Arkansas

  • Forrest City.
  • Helena.
  • West Memphis.
  • El Dorado.
  • Blytheville.
  • Harrison.
  • Hope.
  • Russellville.

Why you should move to Arkansas?

Moving to Arkansas? Good move: The Natural State is one of the best places to relocate thanks to a low cost of living and a high quality of life that includes plenty of outdoor recreation, employment opportunities, a strong arts scene and more. The people who come here tend to love it and end up staying a long time.

What is a good salary in Arkansas?

$3,752 is the 25th percentile. Salaries below this are outliers. $7,581 is the 90th percentile. Salaries above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.

City Little Rock
Annual Salary $60,096
Monthly Pay $5,008
Weekly Pay $1,156
Hourly Wage $28.89

What are the 10 most expensive states to live in?

Here are the 10 states with the highest cost index:

  • Hawaii (193.3)
  • New York (148.2)
  • California (142.2)
  • Massachusetts (135)
  • Oregon (130.1)
  • Alaska (127.1)
  • Maryland (124)
  • Connecticut (121.6)
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How much are utilities per month in Arkansas?

In Arkansas, the average monthly bills are $89.52 on electricity, $107.72 towards natural gas, $51.04 for internet, $100 to go towards cable, and $40.00 to water; adding up to $388.28.

What is minimum wage in Arkansas?

1, 2019. Then it increased to $10 an hour on January 1, 2020. Then it went up again to $11 an hour on January 1, 2021. But that’s where it stops there is no minimum wage increase scheduled for 2022 or in future years.

What is middle class in Arkansas?

In a handful of states, the cost to live a middle-class life is less than the median salary.
How much you have to earn to be middle class in every state.

State Middle-class income Median household income
West Virginia $41,649 $48,850
Arkansas $40,928 $48,952

What is the happiest state to live in?

According to a study by Amerisleep, the happiest state is North Dakota (#1) followed by Vermont, Nebraska, South Dakota and California. The least happy states were Kentucky (#50) followed by West Virginia, Tennessee, Nevada and Ohio (see complete list below).

Which state has the nicest people?

Based on their results, the friendliest U.S. states are listed below.

  1. Minnesota. The term “Minnesota nice” lives up to its name.
  2. Tennessee. Tennessee is full of the famous southern charm and hospitality.
  3. South Carolina.
  4. Texas.
  5. Wyoming.
  6. Indiana.
  7. Colorado.
  8. Kansas.

What’s the worst state to live in?

tumbleweed. Arizona has the worst air quality in America (according to the American Lung Association), and Phoenix experiences a dangerous 39 high ozone days per year.
Here’s the complete list of top ten worst states to live in:

  • Oklahoma.
  • South Carolina.
  • Missouri.
  • Louisiana.
  • New Mexico.
  • Indiana.
  • Tennessee.
  • Nevada.
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What city in Texas is the cheapest to live in?

1. Amarillo. The most populous city in the Texas panhandle, Amarillo is the number one cheapest city to live in Texas. Everything in this city is well below the national average, making it a great spot to choose if you’re looking to save more money for vacations, retirement, or those occasional rainy days.

What is the cheapest and safest state to live in?

Here are the 10 most affordable states in the U.S.:

  • Indiana. Average cost of living index: 90.57.
  • Michigan. Average cost of living index: 90.40.
  • Missouri. Average cost of living index: 89.75.
  • Tennessee. Average cost of living index: 89.49.
  • Georgia. Average cost of living index: 89.30.
  • Arkansas.
  • Alabama.
  • Oklahoma.

Where is the nicest and cheapest place to live?

The Best Affordable Places to Live in the U.S. include:

  • Hickory, North Carolina.
  • Green Bay, Wisconsin.
  • Huntsville, Alabama.
  • Davenport-Bettendorf, Iowa, and Moline-Rock Island, Illinois (Quad Cities).
  • Fort Wayne, Indiana.
  • Pittsburgh, Pennsylvania.
  • Beaumont, Texas.
  • Fayetteville, Arkansas.