Cost of Living in Hermitage, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
51.0
100 = national avg
-49.0 vs national average
Living Wage (1 Adult)
$22,419
per year
Living Wage (Family of 4)
$52,990
per year
Cost Index by Category
Housing49.6
Food65.9
Transportation31.7
Healthcare72.7
Utilities69.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$710
per month
2 Bedroom
$880
per month
The overall cost of living index in Hermitage is 51.0, which is 49.0% below the national average. Housing costs are below the national average at an index of 49.6. A single adult needs to earn approximately $22,419 per year to cover basic expenses.