Pea Ridge, AR Cost Of Living
Cost Of Living In Pea Ridge, AR Summary
Cost of living in Pea Ridge 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 Pea Ridge 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 Pea Ridge is 84, with 100 being the average.
The cost of living index in Pea Ridge is 0.8x lower than the national average.
Pea Ridge ranks as the #34 cheapest in Arkansas out of 65.
Pea Ridge ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Pea Ridge is $162,300.
The median income in Pea Ridge is $88,942.
Table Of Contents
Pea Ridge's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Pea Ridge, AR?
According to the most recent data on the cost of living, Pea Ridge has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Pea Ridge has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Pea Ridge ranks as #34 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Pea Ridge ranks as the #31 most expensive place in the Natural State.
For more reading on life in Pea Ridge, check out:
- Living In Pea Ridge
- Pea Ridge Crime Report
- Search Homes For Sale In Pea Ridge, AR
In Arkansas
In America
Pea Ridge Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Pea Ridge. Here is how it fairs on each of the criteria:
The Services index in Pea Ridge is 86.
The Groceries index in Pea Ridge is 92.
The Health index in Pea Ridge is 80.
The Housing index in Pea Ridge is 75.
The Transportation index in Pea Ridge is 95.
The Utilities index in Pea Ridge is 97.
| Living Expense | Pea Ridge | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 84 | 90 | 100 | |
| Services | 86 | 98 | 100 | |
| Groceries | 92 | 94 | 100 | |
| Health | 80 | 85 | 100 | |
| Housing | 75 | 76 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 97 | 95 | 100 | |
Pea Ridge, 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 Pea Ridge is $162,300.
The Median Rent in Pea Ridge is $1,331.
The Median Income in Pea Ridge is $88,942.
The Home Value To Income in Pea Ridge is 1.8x.
The Rent To Monthly Income in Pea Ridge is 0.18x.
| Statistic | Pea Ridge | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $162,300 | $142,100 | $244,900 |
| Median Rent | $1,331 | $803 | $1,163 |
| Median Income | $88,942 | $52,123 | $69,021 |
| Home Value To Income | 1.8x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Pea Ridge, AR Costs By Category
Detailed Pea Ridge Services Costs Vs. Arkansas
Detailed Pea Ridge Groceries Costs Vs. Arkansas
Detailed Pea Ridge Health Costs Vs. Arkansas
Detailed Pea Ridge Transportation Costs Vs. Arkansas
Detailed Pea Ridge Utilities Costs Vs. Arkansas
Pea Ridge SnackAbility
/10
Cost Of Living In Cities Around Pea Ridge
The cost of living varies in the cities and towns around Pea Ridge. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, AR has a cost of living index of 85, 1.0x Pea Ridge.
Rogers, AR has a cost of living index of 87, 1.0x Pea Ridge.
Bentonville, AR has a cost of living index of 89, 1.1x Pea Ridge.
| City | Population | Cost Of Living | Vs. Pea Ridge |
|---|---|---|---|
| Springdale, AR | 85,887 | 85 | 1.0x |
| Rogers, AR | 68,340 | 87 | 1.0x |
| Bentonville, AR | 52,565 | 89 | 1.1x |
| Centerton, AR | 17,455 | 88 | 1.0x |
| Lowell, AR | 9,630 | 86 | 1.0x |
