Cost of Living in Armorel, AR

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

152.7

100 = national avg

+52.7 vs national average

Living Wage (1 Adult)

$67,202

per year

Living Wage (Family of 4)

$158,841

per year

Cost Index by Category

Housing
91.1
Food
162.9
Transportation
225.9
Healthcare
150.3
Utilities
136.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$671

per month

2 Bedroom

$880

per month

The overall cost of living index in Armorel is 152.7, which is 52.7% above the national average. Housing costs are below the national average at an index of 91.1. A single adult needs to earn approximately $67,202 per year to cover basic expenses.