Cost of Living in Gosnell, AR

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

Cost of Living Overview

Overall Index

74.5

100 = national avg

-25.5 vs national average

Living Wage (1 Adult)

$32,801

per year

Living Wage (Family of 4)

$77,529

per year

Cost Index by Category

Housing
71.0
Food
83.4
Transportation
66.9
Healthcare
86.8
Utilities
84.3

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 Gosnell is 74.5, which is 25.5% below the national average. Housing costs are below the national average at an index of 71.0. A single adult needs to earn approximately $32,801 per year to cover basic expenses.