Cost of living in Greenbrier 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 Greenbrier 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 Greenbrier is 83, with 100 being the average.
The cost of living index in Greenbrier is 0.8x lower than the national average.
Greenbrier ranks as the #28 cheapest in Arkansas out of 65.
Greenbrier ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Greenbrier is $143,400.
The median income in Greenbrier is $53,239.
According to the most recent data on the cost of living, Greenbrier has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Greenbrier has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Greenbrier ranks as #28 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Greenbrier ranks as the #37 most expensive place in the Natural State.
For more reading on life in Greenbrier, check out:
Six factors go into calculating the cost of living index in Greenbrier. Here is how it fairs on each of the criteria:
The Services index in Greenbrier is 84.
The Groceries index in Greenbrier is 86.
The Health index in Greenbrier is 85.
The Housing index in Greenbrier is 79.
The Transportation index in Greenbrier is 89.
The Utilities index in Greenbrier is 88.
Living Expense | Greenbrier | Arkansas | National Average | |
---|---|---|---|---|
Overall | 83 | 90 | 100 | |
Services | 84 | 98 | 100 | |
Groceries | 86 | 94 | 100 | |
Health | 85 | 85 | 100 | |
Housing | 79 | 76 | 100 | |
Transportation | 89 | 90 | 100 | |
Utilities | 88 | 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 Greenbrier is $143,400.
The Median Rent in Greenbrier is $787.
The Median Income in Greenbrier is $53,239.
The Home Value To Income in Greenbrier is 2.7x.
The Rent To Monthly Income in Greenbrier is 0.18x.
Statistic | Greenbrier | Arkansas | United States |
---|---|---|---|
Median Home Value | $143,400 | $142,100 | $244,900 |
Median Rent | $787 | $803 | $1,163 |
Median Income | $53,239 | $52,123 | $69,021 |
Home Value To Income | 2.7x | 2.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Greenbrier | Arkansas |
---|---|---|
Shampoo | $0.88 | $1.06 |
Movie | $9.5 | $10.68 |
Bowling | $13.05 | $14.67 |
Haircut | $14.72 | $18.62 |
Beauty Salon | $24.58 | $39.05 |
Item | Greenbrier | Arkansas |
---|---|---|
Ground Beef | $4.01 | $4.22 |
Fried Chicken | $1.11 | $1.39 |
Milk | $1.81 | $2.05 |
Potatoes | $2.56 | $3.29 |
Pizza | $10.11 | $10.62 |
Beer | $8.51 | $9.38 |
Toothpaste | $1.82 | $2.34 |
Item | Greenbrier | Arkansas |
---|---|---|
Optometrist | $110.67 | $108.57 |
Doctor | $108.56 | $116.17 |
Dentist | $69.63 | $99.13 |
Item | Greenbrier | Arkansas |
---|---|---|
Gasoline | $1.93 | $2.22 |
Tire Balancing | $48.87 | $50.07 |
Item | Greenbrier | Arkansas |
---|---|---|
All Electricity | $122.13 | $167.67 |
Phone | $194.14 | $175.64 |
The cost of living varies in the cities and towns around Greenbrier. Here's a quick look at the cost of living in the most populous nearby places:
Little Rock, AR has a cost of living index of 96, 1.2x Greenbrier.
North Little Rock, AR has a cost of living index of 91, 1.1x Greenbrier.
Conway, AR has a cost of living index of 87, 1.0x Greenbrier.
City | Population | Cost Of Living | Vs. Greenbrier |
---|---|---|---|
Little Rock, AR | 201,893 | 96 | 1.2x |
North Little Rock, AR | 64,444 | 91 | 1.1x |
Conway, AR | 63,746 | 87 | 1.0x |
Benton, AR | 34,746 | 93 | 1.1x |
Sherwood, AR | 32,544 | 93 | 1.1x |
Russellville, AR | 29,057 | 81 | 1.0x |
Cabot, AR | 26,411 | 90 | 1.1x |
Searcy, AR | 23,074 | 82 | 1.0x |
Bryant, AR | 20,399 | 95 | 1.1x |
Maumelle, AR | 19,070 | 102 | 1.2x |