Cost of Living in Reed, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.2
100 = national avg
-40.8 vs national average
Living Wage (1 Adult)
$26,032
per year
Living Wage (Family of 4)
$61,529
per year
Cost Index by Category
Housing62.4
Food69.7
Transportation39.5
Healthcare75.8
Utilities74.3
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 Reed is 59.2, which is 40.8% below the national average. Housing costs are below the national average at an index of 62.4. A single adult needs to earn approximately $26,032 per year to cover basic expenses.