Cost of Living in Gibson, AR

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

Cost of Living Overview

Overall Index

102.5

100 = national avg

+2.5 vs national average

Living Wage (1 Adult)

$45,102

per year

Living Wage (Family of 4)

$106,605

per year

Cost Index by Category

Housing
112.7
Food
97.5
Transportation
95.1
Healthcare
98.0
Utilities
101.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$989

per month

2 Bedroom

$1,147

per month

The overall cost of living index in Gibson is 102.5, which is 2.5% above the national average. Housing costs are above the national average at an index of 112.7. A single adult needs to earn approximately $45,102 per year to cover basic expenses.