Cost of living in Warren 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 Warren 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 Warren is 78, with 100 being the average.
The cost of living index in Warren is 0.8x lower than the national average.
Warren ranks as the #6 cheapest in Arkansas out of 65.
Warren ranks as the #113 cheapest out of 6,412 in the US.
The median home value in Warren is $77,300.
The median income in Warren is $36,446.
According to the most recent data on the cost of living, Warren has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Warren has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Warren ranks as #6 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Warren ranks as the #59 most expensive place in the Natural State.
For more reading on life in Warren, check out:
Six factors go into calculating the cost of living index in Warren. Here is how it fairs on each of the criteria:
The Services index in Warren is 94.
The Groceries index in Warren is 93.
The Health index in Warren is 93.
The Housing index in Warren is 43.
The Transportation index in Warren is 88.
The Utilities index in Warren is 81.
Living Expense | Warren | Arkansas | National Average | |
---|---|---|---|---|
Overall | 78 | 90 | 100 | |
Services | 94 | 98 | 100 | |
Groceries | 93 | 94 | 100 | |
Health | 93 | 85 | 100 | |
Housing | 43 | 76 | 100 | |
Transportation | 88 | 90 | 100 | |
Utilities | 81 | 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 Warren is $77,300.
The Median Rent in Warren is $576.
The Median Income in Warren is $36,446.
The Home Value To Income in Warren is 2.1x.
The Rent To Monthly Income in Warren is 0.19x.
Statistic | Warren | Arkansas | United States |
---|---|---|---|
Median Home Value | $77,300 | $142,100 | $244,900 |
Median Rent | $576 | $803 | $1,163 |
Median Income | $36,446 | $52,123 | $69,021 |
Home Value To Income | 2.1x | 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 Warren. Here's a quick look at the cost of living in the most populous nearby places:
Pine Bluff, AR has a cost of living index of 84, 1.1x Warren.
El Dorado, AR has a cost of living index of 79, 1.0x Warren.
Star, ID has a cost of living index of 105, 1.3x Warren.
City | Population | Cost Of Living | Vs. Warren |
---|---|---|---|
Pine Bluff, AR | 41,964 | 84 | 1.1x |
El Dorado, AR | 17,800 | 79 | 1.0x |
Star, ID | 10,929 | 105 | 1.3x |
Camden, AR | 10,644 | 80 | 1.0x |
Monticello, AR | 8,567 | 81 | 1.0x |
White Hall, AR | 5,599 | 91 | 1.2x |