Cost of Living in Payneway, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.9
100 = national avg
-36.1 vs national average
Living Wage (1 Adult)
$28,094
per year
Living Wage (Family of 4)
$66,405
per year
Cost Index by Category
Housing60.5
Food75.8
Transportation51.6
Healthcare80.6
Utilities77.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$685
per month
2 Bedroom
$880
per month
The overall cost of living index in Payneway is 63.9, which is 36.1% below the national average. Housing costs are below the national average at an index of 60.5. A single adult needs to earn approximately $28,094 per year to cover basic expenses.