Searcy, AR Cost Of Living
Cost Of Living In Searcy, AR Summary
Cost of living in Searcy 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 Searcy 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 Searcy is 82, with 100 being the average.
The cost of living index in Searcy is 0.8x lower than the national average.
Searcy ranks as the #23 cheapest in Arkansas out of 65.
Searcy ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Searcy is $151,300.
The median income in Searcy is $41,753.
Table Of Contents
Searcy's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Searcy, AR?
According to the most recent data on the cost of living, Searcy has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Searcy has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Searcy ranks as #23 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Searcy ranks as the #42 most expensive place in the Natural State.
For more reading on life in Searcy, check out:
- Living In Searcy
- Searcy Crime Report
- Search Homes For Sale In Searcy, AR
In Arkansas
In America
Searcy Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Searcy. Here is how it fairs on each of the criteria:
The Services index in Searcy is 88.
The Groceries index in Searcy is 85.
The Health index in Searcy is 85.
The Housing index in Searcy is 75.
The Transportation index in Searcy is 93.
The Utilities index in Searcy is 88.
| Living Expense | Searcy | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 82 | 90 | 100 | |
| Services | 88 | 98 | 100 | |
| Groceries | 85 | 94 | 100 | |
| Health | 85 | 85 | 100 | |
| Housing | 75 | 76 | 100 | |
| Transportation | 93 | 90 | 100 | |
| Utilities | 88 | 95 | 100 | |
Searcy, 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 Searcy is $151,300.
The Median Rent in Searcy is $733.
The Median Income in Searcy is $41,753.
The Home Value To Income in Searcy is 3.6x.
The Rent To Monthly Income in Searcy is 0.21x.
| Statistic | Searcy | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $151,300 | $142,100 | $244,900 |
| Median Rent | $733 | $803 | $1,163 |
| Median Income | $41,753 | $52,123 | $69,021 |
| Home Value To Income | 3.6x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Searcy, AR Costs By Category
Detailed Searcy Services Costs Vs. Arkansas
Detailed Searcy Groceries Costs Vs. Arkansas
Detailed Searcy Health Costs Vs. Arkansas
Detailed Searcy Transportation Costs Vs. Arkansas
Detailed Searcy Utilities Costs Vs. Arkansas
Searcy SnackAbility
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Cost Of Living In Cities Around Searcy
The cost of living varies in the cities and towns around Searcy. Here's a quick look at the cost of living in the most populous nearby places:
North Little Rock, AR has a cost of living index of 91, 1.1x Searcy.
Conway, AR has a cost of living index of 87, 1.1x Searcy.
Sherwood, AR has a cost of living index of 93, 1.1x Searcy.
| City | Population | Cost Of Living | Vs. Searcy |
|---|---|---|---|
| North Little Rock, AR | 64,444 | 91 | 1.1x |
| Conway, AR | 63,746 | 87 | 1.1x |
| Sherwood, AR | 32,544 | 93 | 1.1x |
| Jacksonville, AR | 29,385 | 90 | 1.1x |
| Cabot, AR | 26,411 | 90 | 1.1x |
| Maumelle, AR | 19,070 | 102 | 1.2x |
| Batesville, AR | 11,117 | 83 | 1.0x |
| Beebe, AR | 8,343 | 91 | 1.1x |
| Newport, AR | 7,829 | 81 | 1.0x |
| Heber Springs, AR | 7,015 | 81 | 1.0x |
