Cost of Living in Midway, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.1
100 = national avg
-21.9 vs national average
Living Wage (1 Adult)
$34,373
per year
Living Wage (Family of 4)
$81,245
per year
Cost Index by Category
Housing91.5
Food78.9
Transportation57.9
Healthcare83.2
Utilities85.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$735
per month
2 Bedroom
$964
per month
The overall cost of living index in Midway is 78.1, which is 21.9% below the national average. Housing costs are below the national average at an index of 91.5. A single adult needs to earn approximately $34,373 per year to cover basic expenses.