Cost of Living in Fort Smith, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.9
100 = national avg
-14.1 vs national average
Living Wage (1 Adult)
$37,789
per year
Living Wage (Family of 4)
$89,319
per year
Cost Index by Category
Housing87.3
Food90.3
Transportation75.5
Healthcare92.2
Utilities91.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$714
per month
2 Bedroom
$937
per month
The overall cost of living index in Fort Smith is 85.9, which is 14.1% below the national average. Housing costs are below the national average at an index of 87.3. A single adult needs to earn approximately $37,789 per year to cover basic expenses.