Cost of Living in Ravenden Springs, AR

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

Cost of Living Overview

Overall Index

67.3

100 = national avg

-32.7 vs national average

Living Wage (1 Adult)

$29,628

per year

Living Wage (Family of 4)

$70,030

per year

Cost Index by Category

Housing
49.7
Food
84.2
Transportation
68.4
Healthcare
87.4
Utilities
80.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$681

per month

2 Bedroom

$880

per month

The overall cost of living index in Ravenden Springs is 67.3, which is 32.7% below the national average. Housing costs are below the national average at an index of 49.7. A single adult needs to earn approximately $29,628 per year to cover basic expenses.