Cost of living in Camden research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Camden is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Arkansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Camden is 80, with 100 being the average.
The cost of living index in Camden is 0.8x lower than the national average.
Camden ranks as the #13 cheapest in Arkansas out of 65.
Camden ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Camden is $82,500.
The median income in Camden is $42,348.
According to the most recent data on the cost of living, Camden has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Camden has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Camden ranks as #13 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Camden ranks as the #52 most expensive place in the Natural State.
For more reading on life in Camden, check out:
Six factors go into calculating the cost of living index in Camden. Here is how it fairs on each of the criteria:
The Services index in Camden is 105.
The Groceries index in Camden is 94.
The Health index in Camden is 88.
The Housing index in Camden is 41.
The Transportation index in Camden is 81.
The Utilities index in Camden is 94.
Living Expense | Camden | Arkansas | National Average | |
---|---|---|---|---|
Overall | 80 | 90 | 100 | |
Services | 105 | 98 | 100 | |
Groceries | 94 | 94 | 100 | |
Health | 88 | 85 | 100 | |
Housing | 41 | 76 | 100 | |
Transportation | 81 | 90 | 100 | |
Utilities | 94 | 95 | 100 |
Housing swings affordability the most between places in Arkansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Camden is $82,500.
The Median Rent in Camden is $585.
The Median Income in Camden is $42,348.
The Home Value To Income in Camden is 1.9x.
The Rent To Monthly Income in Camden is 0.17x.
Statistic | Camden | Arkansas | United States |
---|---|---|---|
Median Home Value | $82,500 | $142,100 | $244,900 |
Median Rent | $585 | $803 | $1,163 |
Median Income | $42,348 | $52,123 | $69,021 |
Home Value To Income | 1.9x | 2.7x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Camden. Here's a quick look at the cost of living in the most populous nearby places:
El Dorado, AR has a cost of living index of 79, 1.0x Camden.
Magnolia, AR has a cost of living index of 83, 1.0x Camden.
Arkadelphia, AR has a cost of living index of 84, 1.1x Camden.
City | Population | Cost Of Living | Vs. Camden |
---|---|---|---|
El Dorado, AR | 17,800 | 79 | 1.0x |
Magnolia, AR | 11,205 | 83 | 1.0x |
Arkadelphia, AR | 10,332 | 84 | 1.1x |
Hope, AR | 9,010 | 77 | 1.0x |
Warren, AR | 5,485 | 78 | 1.0x |