Cost of Living in Bonanza, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.3
100 = national avg
-7.7 vs national average
Living Wage (1 Adult)
$40,599
per year
Living Wage (Family of 4)
$95,962
per year
Cost Index by Category
Housing92.4
Food95.5
Transportation84.8
Healthcare96.4
Utilities95.8
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 Bonanza is 92.3, which is 7.7% below the national average. Housing costs are below the national average at an index of 92.4. A single adult needs to earn approximately $40,599 per year to cover basic expenses.