Prairie Grove, AR Cost Of Living
Cost Of Living In Prairie Grove, AR Summary
Cost of living in Prairie Grove 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 Prairie Grove 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 Prairie Grove is 85, with 100 being the average.
The cost of living index in Prairie Grove is 0.8x lower than the national average.
Prairie Grove ranks as the #39 cheapest in Arkansas out of 65.
Prairie Grove ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Prairie Grove is $174,000.
The median income in Prairie Grove is $50,625.
Table Of Contents
Prairie Grove's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Prairie Grove, AR?
According to the most recent data on the cost of living, Prairie Grove has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Prairie Grove has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Prairie Grove ranks as #39 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Prairie Grove ranks as the #26 most expensive place in the Natural State.
For more reading on life in Prairie Grove, check out:
- Living In Prairie Grove
- Prairie Grove Crime Report
- Search Homes For Sale In Prairie Grove, AR
In Arkansas
In America
Prairie Grove Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Prairie Grove. Here is how it fairs on each of the criteria:
The Services index in Prairie Grove is 87.
The Groceries index in Prairie Grove is 90.
The Health index in Prairie Grove is 77.
The Housing index in Prairie Grove is 72.
The Transportation index in Prairie Grove is 95.
The Utilities index in Prairie Grove is 96.
| Living Expense | Prairie Grove | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 85 | 90 | 100 | |
| Services | 87 | 98 | 100 | |
| Groceries | 90 | 94 | 100 | |
| Health | 77 | 85 | 100 | |
| Housing | 72 | 76 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 96 | 95 | 100 | |
Prairie Grove, 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 Prairie Grove is $174,000.
The Median Rent in Prairie Grove is $812.
The Median Income in Prairie Grove is $50,625.
The Home Value To Income in Prairie Grove is 3.4x.
The Rent To Monthly Income in Prairie Grove is 0.19x.
| Statistic | Prairie Grove | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $174,000 | $142,100 | $244,900 |
| Median Rent | $812 | $803 | $1,163 |
| Median Income | $50,625 | $52,123 | $69,021 |
| Home Value To Income | 3.4x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Prairie Grove, AR Costs By Category
Detailed Prairie Grove Services Costs Vs. Arkansas
| Item | Prairie Grove | Arkansas |
|---|---|---|
| Shampoo | $0.88 | $1.06 |
| Movie | $10.0 | $10.68 |
| Bowling | $15.0 | $14.67 |
| Haircut | $17.88 | $18.62 |
| Beauty Salon | $35.0 | $39.05 |
Detailed Prairie Grove Groceries Costs Vs. Arkansas
| Item | Prairie Grove | Arkansas |
|---|---|---|
| Ground Beef | $4.6 | $4.22 |
| Fried Chicken | $1.01 | $1.39 |
| Milk | $1.64 | $2.05 |
| Potatoes | $3.56 | $3.29 |
| Pizza | $6.66 | $10.62 |
| Beer | $9.26 | $9.38 |
| Toothpaste | $1.67 | $2.34 |
Detailed Prairie Grove Health Costs Vs. Arkansas
| Item | Prairie Grove | Arkansas |
|---|---|---|
| Optometrist | $67.5 | $108.57 |
| Doctor | $80.0 | $116.17 |
| Dentist | $72.5 | $99.13 |
Detailed Prairie Grove Transportation Costs Vs. Arkansas
| Item | Prairie Grove | Arkansas |
|---|---|---|
| Gasoline | $2.08 | $2.22 |
| Tire Balancing | $46.5 | $50.07 |
Detailed Prairie Grove Utilities Costs Vs. Arkansas
| Item | Prairie Grove | Arkansas |
|---|---|---|
| All Electricity | $145.38 | $167.67 |
| Phone | $198.43 | $175.64 |
Prairie Grove SnackAbility
/10
Cost Of Living In Cities Around Prairie Grove
The cost of living varies in the cities and towns around Prairie Grove. Here's a quick look at the cost of living in the most populous nearby places:
Fayetteville, AR has a cost of living index of 93, 1.1x Prairie Grove.
Fort Smith, AR has a cost of living index of 83, 1.0x Prairie Grove.
Springdale, AR has a cost of living index of 85, 1.0x Prairie Grove.
| City | Population | Cost Of Living | Vs. Prairie Grove |
|---|---|---|---|
| Fayetteville, AR | 92,070 | 93 | 1.1x |
| Fort Smith, AR | 89,116 | 83 | 1.0x |
| Springdale, AR | 85,887 | 85 | 1.0x |
| Rogers, AR | 68,340 | 87 | 1.0x |
| Bentonville, AR | 52,565 | 89 | 1.0x |
| Van Buren, AR | 23,213 | 83 | 1.0x |
| Centerton, AR | 17,455 | 88 | 1.0x |
| Siloam Springs, AR | 16,944 | 84 | 1.0x |
| Lowell, AR | 9,630 | 86 | 1.0x |
| Farmington, AR | 7,601 | 90 | 1.1x |
