Cost of Living in Mount Vernon, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
69.0
100 = national avg
-31.0 vs national average
Living Wage (1 Adult)
$30,339
per year
Living Wage (Family of 4)
$71,711
per year
Cost Index by Category
Housing64.4
Food79.9
Transportation59.9
Healthcare83.9
Utilities80.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$989
per month
2 Bedroom
$1,147
per month
The overall cost of living index in Mount Vernon is 69.0, which is 31.0% below the national average. Housing costs are below the national average at an index of 64.4. A single adult needs to earn approximately $30,339 per year to cover basic expenses.