Fayetteville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index9486100
Goods & Services index9396100
Groceries index9295100
Health care index9088100
Housing index9565100
Transportation index9192100
Utilities index103102100
An overview of the general cost of living index for Fayetteville, AR is displayed above for your reference. Residents in Fayetteville, AR enjoy a cost of living index of 94. This index is 9% higher than the Arkansas average, and 6% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Fayetteville, AR, the average cost of goods and services is 3% lower than it is in Arkansas, and it is 7% lower than the national average.

Did you know?

  • The cost of living in Fayetteville is 9% higher than the Arkansas average.
  • The cost of living in Fayetteville is 6% lower than the national average.
  • The cost of housing in Fayetteville is 5% lower than the national average.
  • Arkansas general sales tax is 28% higher than the national average.
  • Arkansas state income tax is 60% lower than the national average.

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Compare Fayetteville, AR Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Fayetteville, AR to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Fayetteville, AR, you have to earn a higher income in order to still have the same standard of living. To operate the Fayetteville, AR salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Fayetteville, AR, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Fayetteville, AR, the median monthly income is $79,443 for those who own their own homes. Under the standard rule, that income level would allow for $1,854 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,171, per the median income in the area. That would allow for renters to spend up to $564 on monthly rental expenses.

Arkansas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Arkansas Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Fayetteville, AR is the Arkansas sales tax and Arkansas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Arkansas sales tax rate is 6.5% and the maximum surtax that can be charged is 11.625%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Arkansas income tax rates range from 0.9% to 6.9%.

Goods & Services

ItemFayettevilleNational avg.Difference
Haircut $13.60$14.596.8%
Beauty Salon $30.40$34.6812.3%
Toothpaste $2.45$2.470.9%
Shampoo $0.82$1.0219.8%
Movie $9.00$9.878.8%
Bowling $2.93$4.3933.3%


ItemFayettevilleNational avg.Difference
Ground Beef $4.82$4.487.7%
Fried Chicken $1.07$1.4626.9%
Milk $2.61$2.3610.7%
Potatoes $3.39$3.0610.7%
Pizza $10.10$9.249.3%
Beer $9.30$8.637.7%

Health Care

ItemFayettevilleNational avg.Difference
Optometrist $96.25$99.783.5%
Doctor $88.20$105.0316.0%
Dentist $79.75$88.7010.1%
Ibuprofen $7.97$9.4115.3%
Lipitor $295.31$298.501.1%


ItemFayettevilleNational avg.Difference
Home Price $179,800.00$175,700.002.3%
Avg. Mortgage Payment $869.39$1,081.0319.6%
Apartment Rent $711.00$920.0022.7%


ItemFayettevilleNational avg.Difference
Gasoline $1.80$2.0913.7%
Tire Balancing $46.33$45.292.3%


ItemFayettevilleNational avg.Difference
All Electricity$157.83$170.807.6%
Phone $33.40$28.2618.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Springtown, AR6879-21%
Lincoln, AR2,13282-18%
West Fork, AR2,42485-15%
Springdale, AR73,78988-12%
Elkins, AR2,75988-12%
Fayetteville, AR77,26494-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Camden, NJ77,294100-0%
Melbourne, FL77,21696-4%
Deerfield Beach, FL77,34195-5%
Lawrence, MA77,36412323%
St. Joseph, MO77,04086-14%
Fayetteville, AR77,26494-6%
Source: The Fayetteville, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.