Cost of Living in Cove, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
56.6
100 = national avg
-43.4 vs national average
Living Wage (1 Adult)
$24,886
per year
Living Wage (Family of 4)
$58,822
per year
Cost Index by Category
Housing54.7
Food70.0
Transportation40.0
Healthcare76.0
Utilities73.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$703
per month
2 Bedroom
$897
per month
The overall cost of living index in Cove is 56.6, which is 43.4% below the national average. Housing costs are below the national average at an index of 54.7. A single adult needs to earn approximately $24,886 per year to cover basic expenses.