Cost of Living in Melbourne, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.8
100 = national avg
-29.2 vs national average
Living Wage (1 Adult)
$31,141
per year
Living Wage (Family of 4)
$73,606
per year
Cost Index by Category
Housing78.2
Food76.2
Transportation52.4
Healthcare81.0
Utilities81.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$715
per month
2 Bedroom
$880
per month
The overall cost of living index in Melbourne is 70.8, which is 29.2% below the national average. Housing costs are below the national average at an index of 78.2. A single adult needs to earn approximately $31,141 per year to cover basic expenses.