Cost of Living in Carthage, AR

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

Cost of Living Overview

Overall Index

48.7

100 = national avg

-51.3 vs national average

Living Wage (1 Adult)

$21,450

per year

Living Wage (Family of 4)

$50,699

per year

Cost Index by Category

Housing
42.4
Food
66.4
Transportation
32.8
Healthcare
73.1
Utilities
68.3

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 Carthage is 48.7, which is 51.3% below the national average. Housing costs are below the national average at an index of 42.4. A single adult needs to earn approximately $21,450 per year to cover basic expenses.