Cost of Living in Magness, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.0
100 = national avg
-18.0 vs national average
Living Wage (1 Adult)
$36,086
per year
Living Wage (Family of 4)
$85,294
per year
Cost Index by Category
Housing97.1
Food77.1
Transportation77.1
Healthcare81.7
Utilities85.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$688
per month
2 Bedroom
$891
per month
The overall cost of living index in Magness is 82.0, which is 18.0% below the national average. Housing costs are below the national average at an index of 97.1. A single adult needs to earn approximately $36,086 per year to cover basic expenses.