Cost of Living in Ola, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.4
100 = national avg
-37.6 vs national average
Living Wage (1 Adult)
$27,436
per year
Living Wage (Family of 4)
$64,849
per year
Cost Index by Category
Housing44.5
Food80.8
Transportation61.5
Healthcare84.6
Utilities77.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$692
per month
2 Bedroom
$880
per month
The overall cost of living index in Ola is 62.4, which is 37.6% below the national average. Housing costs are below the national average at an index of 44.5. A single adult needs to earn approximately $27,436 per year to cover basic expenses.