Forrest City, AR Cost Of Living
Cost Of Living In Forrest City, AR Summary
Cost of living in Forrest City 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 Forrest City 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 Forrest City is 76, with 100 being the average.
The cost of living index in Forrest City is 0.8x lower than the national average.
Forrest City ranks as the #2 cheapest in Arkansas out of 65.
Forrest City ranks as the #54 cheapest out of 6,412 in the US.
The median home value in Forrest City is $68,700.
The median income in Forrest City is $33,229.
Table Of Contents
Forrest City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Forrest City, AR?
According to the most recent data on the cost of living, Forrest City has an overall cost of living index of 76, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Forrest City has a cost of living index that's 0.8x lower than Arkansas's index of 90.
The standard of living in Forrest City ranks as #2 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Forrest City ranks as the #63 most expensive place in the Natural State.
For more reading on life in Forrest City, check out:
- Living In Forrest City
- Forrest City Crime Report
- Search Homes For Sale In Forrest City, AR
In Arkansas
In America
Forrest City Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Forrest City. Here is how it fairs on each of the criteria:
The Services index in Forrest City is 92.
The Groceries index in Forrest City is 87.
The Health index in Forrest City is 83.
The Housing index in Forrest City is 44.
The Transportation index in Forrest City is 84.
The Utilities index in Forrest City is 89.
| Living Expense | Forrest City | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 76 | 90 | 100 | |
| Services | 92 | 98 | 100 | |
| Groceries | 87 | 94 | 100 | |
| Health | 83 | 85 | 100 | |
| Housing | 44 | 76 | 100 | |
| Transportation | 84 | 90 | 100 | |
| Utilities | 89 | 95 | 100 | |
Forrest City, AR Housing Cost Breakdown
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 Forrest City is $68,700.
The Median Rent in Forrest City is $713.
The Median Income in Forrest City is $33,229.
The Home Value To Income in Forrest City is 2.1x.
The Rent To Monthly Income in Forrest City is 0.26x.
| Statistic | Forrest City | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $68,700 | $142,100 | $244,900 |
| Median Rent | $713 | $803 | $1,163 |
| Median Income | $33,229 | $52,123 | $69,021 |
| Home Value To Income | 2.1x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Forrest City, AR Costs By Category
Detailed Forrest City Services Costs Vs. Arkansas
| Item | Forrest City | Arkansas |
|---|---|---|
| Shampoo | $0.91 | $1.06 |
| Movie | $11.5 | $10.68 |
| Bowling | $16.47 | $14.67 |
| Haircut | $15.07 | $18.62 |
| Beauty Salon | $36.63 | $39.05 |
Detailed Forrest City Groceries Costs Vs. Arkansas
| Item | Forrest City | Arkansas |
|---|---|---|
| Ground Beef | $3.42 | $4.22 |
| Fried Chicken | $0.98 | $1.39 |
| Milk | $1.79 | $2.05 |
| Potatoes | $3.62 | $3.29 |
| Pizza | $10.37 | $10.62 |
| Beer | $9.22 | $9.38 |
| Toothpaste | $1.65 | $2.34 |
Detailed Forrest City Health Costs Vs. Arkansas
| Item | Forrest City | Arkansas |
|---|---|---|
| Optometrist | $74.47 | $108.57 |
| Doctor | $84.25 | $116.17 |
| Dentist | $77.68 | $99.13 |
Detailed Forrest City Transportation Costs Vs. Arkansas
| Item | Forrest City | Arkansas |
|---|---|---|
| Gasoline | $1.94 | $2.22 |
| Tire Balancing | $40.73 | $50.07 |
Detailed Forrest City Utilities Costs Vs. Arkansas
| Item | Forrest City | Arkansas |
|---|---|---|
| All Electricity | $133.97 | $167.67 |
| Phone | $184.96 | $175.64 |
Forrest City SnackAbility
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