Cost of Living in Elm Springs, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
133.7
100 = national avg
+33.7 vs national average
Living Wage (1 Adult)
$58,827
per year
Living Wage (Family of 4)
$139,045
per year
Cost Index by Category
Housing127.9
Food136.3
Transportation113.1
Healthcare129.0
Utilities127.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,115
per month
2 Bedroom
$1,347
per month
The overall cost of living index in Elm Springs is 133.7, which is 33.7% above the national average. Housing costs are above the national average at an index of 127.9. A single adult needs to earn approximately $58,827 per year to cover basic expenses.