Cost of Living in Alma, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.0
100 = national avg
-4.0 vs national average
Living Wage (1 Adult)
$42,242
per year
Living Wage (Family of 4)
$99,844
per year
Cost Index by Category
Housing102.2
Food94.6
Transportation89.2
Healthcare95.7
Utilities97.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$714
per month
2 Bedroom
$937
per month
The overall cost of living index in Alma is 96.0, which is 4.0% below the national average. Housing costs are above the national average at an index of 102.2. A single adult needs to earn approximately $42,242 per year to cover basic expenses.