Cost of Living in Parkin, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
51.7
100 = national avg
-48.3 vs national average
Living Wage (1 Adult)
$22,759
per year
Living Wage (Family of 4)
$53,794
per year
Cost Index by Category
Housing42.8
Food69.6
Transportation39.1
Healthcare75.6
Utilities70.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$671
per month
2 Bedroom
$880
per month
The overall cost of living index in Parkin is 51.7, which is 48.3% below the national average. Housing costs are below the national average at an index of 42.8. A single adult needs to earn approximately $22,759 per year to cover basic expenses.