Cost of Living in Mount Ida, AR

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

75.5

100 = national avg

-24.5 vs national average

Living Wage (1 Adult)

$33,224

per year

Living Wage (Family of 4)

$78,529

per year

Cost Index by Category

Housing
74.8
Food
83.0
Transportation
65.9
Healthcare
86.4
Utilities
84.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$803

per month

2 Bedroom

$880

per month

The overall cost of living index in Mount Ida is 75.5, which is 24.5% below the national average. Housing costs are below the national average at an index of 74.8. A single adult needs to earn approximately $33,224 per year to cover basic expenses.