Cost of living in Mena 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 Mena 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 Mena is 79, with 100 being the average.
The cost of living index in Mena is 0.8x lower than the national average.
Mena ranks as the #10 cheapest in Arkansas out of 65.
Mena ranks as the #155 cheapest out of 6,412 in the US.
The median home value in Mena is $88,400.
The median income in Mena is $43,750.
According to the most recent data on the cost of living, Mena has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Mena has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Mena ranks as #10 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Mena ranks as the #55 most expensive place in the Natural State.
For more reading on life in Mena, check out:
Six factors go into calculating the cost of living index in Mena. Here is how it fairs on each of the criteria:
The Services index in Mena is 105.
The Groceries index in Mena is 91.
The Health index in Mena is 88.
The Housing index in Mena is 46.
The Transportation index in Mena is 81.
The Utilities index in Mena is 94.
Living Expense | Mena | Arkansas | National Average | |
---|---|---|---|---|
Overall | 79 | 90 | 100 | |
Services | 105 | 98 | 100 | |
Groceries | 91 | 94 | 100 | |
Health | 88 | 85 | 100 | |
Housing | 46 | 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 Mena is $88,400.
The Median Rent in Mena is $679.
The Median Income in Mena is $43,750.
The Home Value To Income in Mena is 2.0x.
The Rent To Monthly Income in Mena is 0.19x.
Statistic | Mena | Arkansas | United States |
---|---|---|---|
Median Home Value | $88,400 | $142,100 | $244,900 |
Median Rent | $679 | $803 | $1,163 |
Median Income | $43,750 | $52,123 | $69,021 |
Home Value To Income | 2.0x | 2.7x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Mena. Here's a quick look at the cost of living in the most populous nearby places:
Greenwood, AR has a cost of living index of 84, 1.1x Mena.
Poteau, OK has a cost of living index of 76, 1.0x Mena.
De Queen, AR has a cost of living index of 78, 1.0x Mena.
City | Population | Cost Of Living | Vs. Mena |
---|---|---|---|
Greenwood, AR | 9,498 | 84 | 1.1x |
Poteau, OK | 8,741 | 76 | 1.0x |
De Queen, AR | 6,192 | 78 | 1.0x |