Cost of Living in Booneville, AR

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

Cost of Living Overview

Overall Index

75.8

100 = national avg

-24.2 vs national average

Living Wage (1 Adult)

$33,343

per year

Living Wage (Family of 4)

$78,810

per year

Cost Index by Category

Housing
63.5
Food
88.0
Transportation
75.9
Healthcare
90.4
Utilities
85.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$803

per month

2 Bedroom

$880

per month

The overall cost of living index in Booneville is 75.8, which is 24.2% below the national average. Housing costs are below the national average at an index of 63.5. A single adult needs to earn approximately $33,343 per year to cover basic expenses.