Cost of living in Maumelle 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 Maumelle 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 Maumelle is 102, with 100 being the average.
The cost of living index in Maumelle is 1.0x higher than the national average.
Maumelle ranks as the #65 cheapest in Arkansas out of 65.
Maumelle ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Maumelle is $225,900.
The median income in Maumelle is $83,104.
According to the most recent data on the cost of living, Maumelle has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Arkansas, Maumelle has a cost of living index that's 1.1x higher than Arkansas's index of 90.
The standard of living in Maumelle ranks as #65 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Maumelle ranks as the #0 most expensive place in the Natural State.
For more reading on life in Maumelle, check out:
Six factors go into calculating the cost of living index in Maumelle. Here is how it fairs on each of the criteria:
The Services index in Maumelle is 105.
The Groceries index in Maumelle is 94.
The Health index in Maumelle is 93.
The Housing index in Maumelle is 113.
The Transportation index in Maumelle is 92.
The Utilities index in Maumelle is 96.
Living Expense | Maumelle | Arkansas | National Average | |
---|---|---|---|---|
Overall | 102 | 90 | 100 | |
Services | 105 | 98 | 100 | |
Groceries | 94 | 94 | 100 | |
Health | 93 | 85 | 100 | |
Housing | 113 | 76 | 100 | |
Transportation | 92 | 90 | 100 | |
Utilities | 96 | 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 Maumelle is $225,900.
The Median Rent in Maumelle is $924.
The Median Income in Maumelle is $83,104.
The Home Value To Income in Maumelle is 2.7x.
The Rent To Monthly Income in Maumelle is 0.13x.
Statistic | Maumelle | Arkansas | United States |
---|---|---|---|
Median Home Value | $225,900 | $142,100 | $244,900 |
Median Rent | $924 | $803 | $1,163 |
Median Income | $83,104 | $52,123 | $69,021 |
Home Value To Income | 2.7x | 2.7x | 3.5x |
Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Maumelle. 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, 0.9x Maumelle.
North Little Rock, AR has a cost of living index of 91, 0.9x Maumelle.
Conway, AR has a cost of living index of 87, 0.9x Maumelle.
City | Population | Cost Of Living | Vs. Maumelle |
---|---|---|---|
Little Rock, AR | 201,893 | 96 | 0.9x |
North Little Rock, AR | 64,444 | 91 | 0.9x |
Conway, AR | 63,746 | 87 | 0.9x |
Sherwood, AR | 32,544 | 93 | 0.9x |
Jacksonville, AR | 29,385 | 90 | 0.9x |
Bryant, AR | 20,399 | 95 | 0.9x |