Cost of Living in Russell, AR

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

Cost of Living Overview

Overall Index

46.3

100 = national avg

-53.7 vs national average

Living Wage (1 Adult)

$20,357

per year

Living Wage (Family of 4)

$48,116

per year

Cost Index by Category

Housing
33.9
Food
67.1
Transportation
34.2
Healthcare
73.7
Utilities
67.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$734

per month

2 Bedroom

$880

per month

The overall cost of living index in Russell is 46.3, which is 53.7% below the national average. Housing costs are below the national average at an index of 33.9. A single adult needs to earn approximately $20,357 per year to cover basic expenses.