Cost of Living in Damascus, AR

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

Cost of Living Overview

Overall Index

90.3

100 = national avg

-9.7 vs national average

Living Wage (1 Adult)

$39,735

per year

Living Wage (Family of 4)

$93,919

per year

Cost Index by Category

Housing
76.1
Food
99.0
Transportation
98.1
Healthcare
99.2
Utilities
94.6

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 Damascus is 90.3, which is 9.7% below the national average. Housing costs are below the national average at an index of 76.1. A single adult needs to earn approximately $39,735 per year to cover basic expenses.