Cost of Living in McRae, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
64.9
100 = national avg
-35.1 vs national average
Living Wage (1 Adult)
$28,544
per year
Living Wage (Family of 4)
$67,468
per year
Cost Index by Category
Housing60.4
Food77.0
Transportation54.0
Healthcare81.6
Utilities78.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$734
per month
2 Bedroom
$880
per month
The overall cost of living index in McRae is 64.9, which is 35.1% below the national average. Housing costs are below the national average at an index of 60.4. A single adult needs to earn approximately $28,544 per year to cover basic expenses.