Cost of Living in Colt, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
56.0
100 = national avg
-44.0 vs national average
Living Wage (1 Adult)
$24,649
per year
Living Wage (Family of 4)
$58,261
per year
Cost Index by Category
Housing61.8
Food66.5
Transportation33.0
Healthcare73.2
Utilities72.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$703
per month
2 Bedroom
$923
per month
The overall cost of living index in Colt is 56.0, which is 44.0% below the national average. Housing costs are below the national average at an index of 61.8. A single adult needs to earn approximately $24,649 per year to cover basic expenses.