Cost of Living in West Memphis, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.3
100 = national avg
-24.7 vs national average
Living Wage (1 Adult)
$33,144
per year
Living Wage (Family of 4)
$78,341
per year
Cost Index by Category
Housing76.6
Food82.0
Transportation64.0
Healthcare85.6
Utilities84.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,154
per month
2 Bedroom
$1,274
per month
The overall cost of living index in West Memphis is 75.3, which is 24.7% below the national average. Housing costs are below the national average at an index of 76.6. A single adult needs to earn approximately $33,144 per year to cover basic expenses.