Cost of Living in Corning, AR

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

Cost of Living Overview

Overall Index

71.2

100 = national avg

-28.8 vs national average

Living Wage (1 Adult)

$31,341

per year

Living Wage (Family of 4)

$74,079

per year

Cost Index by Category

Housing
61.3
Food
83.8
Transportation
67.6
Healthcare
87.0
Utilities
82.5

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 Corning is 71.2, which is 28.8% below the national average. Housing costs are below the national average at an index of 61.3. A single adult needs to earn approximately $31,341 per year to cover basic expenses.