Cost of living in North Little Rock 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 North Little Rock 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 North Little Rock is 91, with 100 being the average.
The cost of living index in North Little Rock is 0.9x lower than the national average.
North Little Rock ranks as the #57 cheapest in Arkansas out of 65.
North Little Rock ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in North Little Rock is $149,200.
The median income in North Little Rock is $45,590.
According to the most recent data on the cost of living, North Little Rock has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Arkansas, North Little Rock has a cost of living index that's 1.0x higher than Arkansas's index of 90.
The standard of living in North Little Rock ranks as #57 most affordable out of the 65 places we measured in Arkansas. By definition, that implies North Little Rock ranks as the #8 most expensive place in the Natural State.
For more reading on life in North Little Rock, check out:
Six factors go into calculating the cost of living index in North Little Rock. Here is how it fairs on each of the criteria:
The Services index in North Little Rock is 106.
The Groceries index in North Little Rock is 92.
The Health index in North Little Rock is 92.
The Housing index in North Little Rock is 70.
The Transportation index in North Little Rock is 94.
The Utilities index in North Little Rock is 97.
Living Expense | North Little Rock | Arkansas | National Average | |
---|---|---|---|---|
Overall | 91 | 90 | 100 | |
Services | 106 | 98 | 100 | |
Groceries | 92 | 94 | 100 | |
Health | 92 | 85 | 100 | |
Housing | 70 | 76 | 100 | |
Transportation | 94 | 90 | 100 | |
Utilities | 97 | 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 North Little Rock is $149,200.
The Median Rent in North Little Rock is $913.
The Median Income in North Little Rock is $45,590.
The Home Value To Income in North Little Rock is 3.3x.
The Rent To Monthly Income in North Little Rock is 0.24x.
Statistic | North Little Rock | Arkansas | United States |
---|---|---|---|
Median Home Value | $149,200 | $142,100 | $244,900 |
Median Rent | $913 | $803 | $1,163 |
Median Income | $45,590 | $52,123 | $69,021 |
Home Value To Income | 3.3x | 2.7x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
Item | North Little Rock | Arkansas |
---|---|---|
Shampoo | $0.93 | $1.06 |
Movie | $12.22 | $10.68 |
Bowling | $14.45 | $14.67 |
Haircut | $20.36 | $18.62 |
Beauty Salon | $42.83 | $39.05 |
Item | North Little Rock | Arkansas |
---|---|---|
Ground Beef | $3.72 | $4.22 |
Fried Chicken | $1.16 | $1.39 |
Milk | $1.78 | $2.05 |
Potatoes | $3.57 | $3.29 |
Pizza | $9.82 | $10.62 |
Beer | $9.67 | $9.38 |
Toothpaste | $1.98 | $2.34 |
Item | North Little Rock | Arkansas |
---|---|---|
Optometrist | $101.5 | $108.57 |
Doctor | $125.22 | $116.17 |
Dentist | $69.23 | $99.13 |
Item | North Little Rock | Arkansas |
---|---|---|
Gasoline | $1.89 | $2.22 |
Tire Balancing | $52.89 | $50.07 |
Item | North Little Rock | Arkansas |
---|---|---|
All Electricity | $143.0 | $167.67 |
Phone | $197.3 | $175.64 |
The cost of living varies in the cities and towns around North Little Rock. 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, 1.1x North Little Rock.
Sherwood, AR has a cost of living index of 93, 1.0x North Little Rock.
Jacksonville, AR has a cost of living index of 90, 1.0x North Little Rock.
City | Population | Cost Of Living | Vs. North Little Rock |
---|---|---|---|
Little Rock, AR | 201,893 | 96 | 1.1x |
Sherwood, AR | 32,544 | 93 | 1.0x |
Jacksonville, AR | 29,385 | 90 | 1.0x |
Cabot, AR | 26,411 | 90 | 1.0x |
Bryant, AR | 20,399 | 95 | 1.0x |
Maumelle, AR | 19,070 | 102 | 1.1x |
East End, AR | 6,432 | 87 | 1.0x |