Cost of Living in Malvern, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.7
100 = national avg
-29.3 vs national average
Living Wage (1 Adult)
$31,103
per year
Living Wage (Family of 4)
$73,516
per year
Cost Index by Category
Housing66.4
Food81.0
Transportation62.1
Healthcare84.8
Utilities81.9
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 Malvern is 70.7, which is 29.3% below the national average. Housing costs are below the national average at an index of 66.4. A single adult needs to earn approximately $31,103 per year to cover basic expenses.