Cost of Living in Grady, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.9
100 = national avg
-37.1 vs national average
Living Wage (1 Adult)
$27,664
per year
Living Wage (Family of 4)
$65,387
per year
Cost Index by Category
Housing51.0
Food78.7
Transportation57.3
Healthcare82.9
Utilities77.4
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 Grady is 62.9, which is 37.1% below the national average. Housing costs are below the national average at an index of 51.0. A single adult needs to earn approximately $27,664 per year to cover basic expenses.