Cost of Living in Texarkana, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.4
100 = national avg
-15.6 vs national average
Living Wage (1 Adult)
$37,122
per year
Living Wage (Family of 4)
$87,742
per year
Cost Index by Category
Housing88.5
Food86.6
Transportation76.6
Healthcare89.3
Utilities89.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$868
per month
2 Bedroom
$1,101
per month
The overall cost of living index in Texarkana is 84.4, which is 15.6% below the national average. Housing costs are below the national average at an index of 88.5. A single adult needs to earn approximately $37,122 per year to cover basic expenses.