What’S The Cost Of Living In Little Rock Arkansas?

Little Rock cost of living is 82.5

COST OF LIVING Little Rock Arkansas
Health 86.3 86.5
Housing 61.9 55.7
Median Home Cost $163,100 $145,300
Utilities 95.1 95.6

Is it expensive to live in Little Rock Arkansas?

Cost of living index in Little Rock is 40.35% lower than in New York. Cost of living rank 180th out of 388 cities in the world. Little Rock has a cost of living index of 59.65.

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

Is Little Rock Arkansas affordable?

Little Rock has an affordability index of 1 out of 10, meaning the metro area is one of the more affordable places to own a home in the U.S.

What is the monthly cost of living in Arkansas?

The typical renter in Arkansas spends $729 a month on housing, $294 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $554, while the typical rent for a unit with five or more bedrooms is $1,099.

Which state has lowest cost of living?

Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.

Is it cheaper to live in Texas or Arkansas?

Arkansas is 2.6% cheaper than Texas.

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What is a good hourly wage in Arkansas?

$12.90 is the 25th percentile. Wages below this are outliers. $22.31 is the 75th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Arkansas.

City Bentonville
Annual Salary $43,326
Monthly Pay $3,610
Weekly Pay $833
Hourly Wage $20.83

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 good pay in Arkansas?

While ZipRecruiter is seeing salaries as high as $260,183 and as low as $30,021, the majority of salaries within the Gross jobs category currently range between $77,327 (25th percentile) to $146,011 (75th percentile) with top earners (90th percentile) making $208,782 annually in Arkansas.

Why are houses so cheap in Little Rock Arkansas?

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.

Is it cheaper to live in Arkansas or Tennessee?

Arkansas is 1.9% cheaper than Tennessee.

What should I know before moving to Little Rock?

10 Things to Know Before Moving to Little Rock, Arkansas

  • The Food is Fantastic.
  • The Cost of Living is Low.
  • The People Are Friendly.
  • Public Transportation is Limited.
  • The River Market is Hoppin’
  • It’s Close to Many Big Cities.
  • There Are Several Attractive Attractions.
  • Plenty of Hiking Options.
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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.

What is the average electric bill 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.

How much is a gallon of milk in Little Rock Arkansas?

Little Rock is 36.68% less expensive than New York (without rent).
Cost of Living in Little Rock.

Restaurants Edit
Milk (regular), (1 gallon) 3.47$
Loaf of Fresh White Bread (1 lb) 2.21$
Rice (white), (1 lb) 0.97$
Eggs (regular) (12) 2.29$

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.

Which states give you the most house for your money?

Buying a home in these 7 states gives you the most bang for your…

  1. Indiana.
  2. Mississippi.
  3. Arkansas.
  4. Ohio.
  5. West Virginia.
  6. Alabama. Alabama’s median home price of $92 per square foot translates into a 3,256-square-foot home for $300,000.
  7. Oklahoma. In Oklahoma, $300,000 will buy you a 3,175-square foot home, on average.

Which state has the cheapest food?

The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.

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Where is the best place in Arkansas to live?

Here are some of the best places to live in Arkansas.

  • Fayetteville. Home to the University of Arkansas, Fayetteville is on the outskirts of the Boston Mountains and serves as the regional hub of Northwest Arkansas.
  • Little Rock.
  • Fort Smith.
  • Jonesboro.
  • Rogers.
  • Bentonville.
  • Hot Springs.
  • Texarkana.

Where is the most affordable place to live in the US?

The Full List Of The Most Affordable Cities To Live & Work In 2022

Rank City Total Score
1 Sioux Falls, SD Metro Area 80.1
2 Reno, NV Metro Area 79.7
3 Provo-Orem, UT Metro Area 78.0
4 Madison, WI Metro Area 77.5