Cost of Living in Bay, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.7
100 = national avg
-12.3 vs national average
Living Wage (1 Adult)
$38,575
per year
Living Wage (Family of 4)
$91,177
per year
Cost Index by Category
Housing84.8
Food94.3
Transportation77.6
Healthcare95.5
Utilities93.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$870
per month
2 Bedroom
$1,040
per month
The overall cost of living index in Bay is 87.7, which is 12.3% below the national average. Housing costs are below the national average at an index of 84.8. A single adult needs to earn approximately $38,575 per year to cover basic expenses.