Cost of Living in Cherokee Village, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.7
100 = national avg
-29.3 vs national average
Living Wage (1 Adult)
$31,116
per year
Living Wage (Family of 4)
$73,546
per year
Cost Index by Category
Housing76.3
Food76.9
Transportation53.9
Healthcare81.6
Utilities81.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$746
per month
2 Bedroom
$880
per month
The overall cost of living index in Cherokee Village is 70.7, which is 29.3% below the national average. Housing costs are below the national average at an index of 76.3. A single adult needs to earn approximately $31,116 per year to cover basic expenses.