Cost of Living in Conway, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.7
100 = national avg
-1.3 vs national average
Living Wage (1 Adult)
$43,432
per year
Living Wage (Family of 4)
$102,658
per year
Cost Index by Category
Housing108.2
Food94.7
Transportation92.0
Healthcare95.7
Utilities98.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$989
per month
2 Bedroom
$1,147
per month
The overall cost of living index in Conway is 98.7, which is 1.3% below the national average. Housing costs are above the national average at an index of 108.2. A single adult needs to earn approximately $43,432 per year to cover basic expenses.