Cost of living in Clarksville 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 Clarksville 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 Clarksville is 78, with 100 being the average.
The cost of living index in Clarksville is 0.8x lower than the national average.
Clarksville ranks as the #6 cheapest in Arkansas out of 65.
Clarksville ranks as the #113 cheapest out of 6,412 in the US.
The median home value in Clarksville is $122,800.
The median income in Clarksville is $33,778.
According to the most recent data on the cost of living, Clarksville has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Clarksville has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Clarksville ranks as #6 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Clarksville ranks as the #59 most expensive place in the Natural State.
For more reading on life in Clarksville, check out:
Six factors go into calculating the cost of living index in Clarksville. Here is how it fairs on each of the criteria:
The Services index in Clarksville is 86.
The Groceries index in Clarksville is 91.
The Health index in Clarksville is 79.
The Housing index in Clarksville is 56.
The Transportation index in Clarksville is 92.
The Utilities index in Clarksville is 94.
Living Expense | Clarksville | Arkansas | National Average | |
---|---|---|---|---|
Overall | 78 | 90 | 100 | |
Services | 86 | 98 | 100 | |
Groceries | 91 | 94 | 100 | |
Health | 79 | 85 | 100 | |
Housing | 56 | 76 | 100 | |
Transportation | 92 | 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 Clarksville is $122,800.
The Median Rent in Clarksville is $666.
The Median Income in Clarksville is $33,778.
The Home Value To Income in Clarksville is 3.6x.
The Rent To Monthly Income in Clarksville is 0.24x.
Statistic | Clarksville | Arkansas | United States |
---|---|---|---|
Median Home Value | $122,800 | $142,100 | $244,900 |
Median Rent | $666 | $803 | $1,163 |
Median Income | $33,778 | $52,123 | $69,021 |
Home Value To Income | 3.6x | 2.7x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
Item | Clarksville | Arkansas |
---|---|---|
Shampoo | $0.88 | $1.06 |
Movie | $10.0 | $10.68 |
Bowling | $15.0 | $14.67 |
Haircut | $17.88 | $18.62 |
Beauty Salon | $35.0 | $39.05 |
Item | Clarksville | Arkansas |
---|---|---|
Ground Beef | $4.6 | $4.22 |
Fried Chicken | $1.01 | $1.39 |
Milk | $1.64 | $2.05 |
Potatoes | $3.56 | $3.29 |
Pizza | $6.66 | $10.62 |
Beer | $9.26 | $9.38 |
Toothpaste | $1.67 | $2.34 |
Item | Clarksville | Arkansas |
---|---|---|
Optometrist | $67.5 | $108.57 |
Doctor | $80.0 | $116.17 |
Dentist | $72.5 | $99.13 |
Item | Clarksville | Arkansas |
---|---|---|
Gasoline | $2.08 | $2.22 |
Tire Balancing | $46.5 | $50.07 |
Item | Clarksville | Arkansas |
---|---|---|
All Electricity | $145.38 | $167.67 |
Phone | $198.43 | $175.64 |
The cost of living varies in the cities and towns around Clarksville. Here's a quick look at the cost of living in the most populous nearby places:
Russellville, AR has a cost of living index of 81, 1.0x Clarksville.
Van Buren, AR has a cost of living index of 83, 1.1x Clarksville.
Greenwood, AR has a cost of living index of 84, 1.1x Clarksville.
City | Population | Cost Of Living | Vs. Clarksville |
---|---|---|---|
Russellville, AR | 29,057 | 81 | 1.0x |
Van Buren, AR | 23,213 | 83 | 1.1x |
Greenwood, AR | 9,498 | 84 | 1.1x |
Morrilton, AR | 6,948 | 78 | 1.0x |
Alma, AR | 5,806 | 86 | 1.1x |