Cost of Living in Sparkman, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.9
100 = national avg
-40.1 vs national average
Living Wage (1 Adult)
$26,371
per year
Living Wage (Family of 4)
$62,331
per year
Cost Index by Category
Housing43.5
Food78.4
Transportation56.9
Healthcare82.8
Utilities75.8
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 Sparkman is 59.9, which is 40.1% below the national average. Housing costs are below the national average at an index of 43.5. A single adult needs to earn approximately $26,371 per year to cover basic expenses.