Cost of Living in Oak Grove, AR

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

Cost of Living Overview

Overall Index

75.4

100 = national avg

-24.6 vs national average

Living Wage (1 Adult)

$33,158

per year

Living Wage (Family of 4)

$78,372

per year

Cost Index by Category

Housing
69.5
Food
85.0
Transportation
70.0
Healthcare
88.0
Utilities
84.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$954

per month

The overall cost of living index in Oak Grove is 75.4, which is 24.6% below the national average. Housing costs are below the national average at an index of 69.5. A single adult needs to earn approximately $33,158 per year to cover basic expenses.