Cost of Living in Smithville, AR

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

Cost of Living Overview

Overall Index

87.8

100 = national avg

-12.2 vs national average

Living Wage (1 Adult)

$38,631

per year

Living Wage (Family of 4)

$91,309

per year

Cost Index by Category

Housing
71.6
Food
98.1
Transportation
96.2
Healthcare
98.5
Utilities
93.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$671

per month

2 Bedroom

$880

per month

The overall cost of living index in Smithville is 87.8, which is 12.2% below the national average. Housing costs are below the national average at an index of 71.6. A single adult needs to earn approximately $38,631 per year to cover basic expenses.