Cost of Living in Hickory Ridge, AR

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

Cost of Living Overview

Overall Index

71.1

100 = national avg

-28.9 vs national average

Living Wage (1 Adult)

$31,305

per year

Living Wage (Family of 4)

$73,993

per year

Cost Index by Category

Housing
58.6
Food
84.8
Transportation
69.6
Healthcare
87.8
Utilities
82.6

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 Hickory Ridge is 71.1, which is 28.9% below the national average. Housing costs are below the national average at an index of 58.6. A single adult needs to earn approximately $31,305 per year to cover basic expenses.