Cost of Living in Fair Oaks, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
38.4
100 = national avg
-61.6 vs national average
Living Wage (1 Adult)
$16,889
per year
Living Wage (Family of 4)
$39,919
per year
Cost Index by Category
Housing27.0
Utilities78.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$671
per month
2 Bedroom
$880
per month
The overall cost of living index in Fair Oaks is 38.4, which is 61.6% below the national average. Housing costs are below the national average at an index of 27.0. A single adult needs to earn approximately $16,889 per year to cover basic expenses.