These 5 Arkansas Towns Have The Highest Cost of Living in The State
The cost of living keeps going up. From housing to insurance to basic groceries and gas for your car. Everything is more expensive but have you ever wondered what town in Arkansas has the highest cost of living? You will be surprised at that answer.
If you thought Little Rock or Fayetteville would have the highest cost of living in Arkansas you would be wrong!
According to rentcafe.com they used a cost of living calculator that looked at
The cost of living in each town in Arkansas and compared the prices of basic necessities such as housing, transportation and food costs to other towns in the state.
The five towns to top the list with the highest cost of living in Arkansas are:
#5. Fayetteville
Ranked at the baseline level of 0% on the cost of living in the state. Meaning Fayetteville is the state average for cost of living in Arkansas and it's 8% lower than the national average.
#4. Hot Springs Village
Ranked 2% higher than the state average but 6% lower than the national average.
#3. Hot Springs
Hot Springs tied with Hot Springs Village with 2% higher cost of living than the average in Arkansas and 6% lower than the national average.
#2. Little Rock
Arkansas's capital comes in with the second highest cost of living in the state at 4% higher than the state average but still 4% lower than the national average.
The town in Arkansas that has the highest cost of living in the state is...
#1. Paragould
This town's cost of living is 11% higher than the state average and it's the only town in Arkansas that has a higher cost of living than the national average. Paragould's cost of living is 2% higher than the national average.
Now granted, Arkansas is a great place to live, we may see some higher prices, but we are still better off than other states.
Arkansas against the National Average is great!
Cost of Living in Arkansas Compared to the National Average
Housing 21% lower
Utilities 2% lower
Food 6% lower
You can check out the whole Arkansas study here.
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