Cost of Living in Alma, AR

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12%
Overall NAT. AVG.
8%
Groceries NAT. AVG.
25%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Alma Arkansas National
Cost of living8886100
Groceries9396100
Health care9695100
Housing7567100
Transportation9694100
Utilities8993100
Lifestyle & Entertainment9793100
Household Items9496100
Education & Childcare8892100
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Homes For Sale In Alma, AR

property for sale

514 N Arkansas Ave

Van Buren, AR
property for sale

Farm

Alma, AR
property for sale

Farm Rd

Alma, AR
property for sale

5205 Georgia Ridge Rd

Alma, AR
See the Newest Homes For Sale In Alma, AR

Cost Of Living Quick Facts

  • The cost of living in Alma is 2% higher than the Arkansas average
  • The cost of living in Alma is 12% lower than the national average
  • Alma housing is 25% lower than the national average
  • Arkansas general sales tax is 27% higher than the national average
  • Arkansas state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Alma

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$85,435$7,120$1,993$2,563
      Renters$36,207$3,017$845$1,086
      The affordability of the housing market in Alma, AR as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Alma homeowners, the median income is $85,435. This indicates that a monthly maximum of $1,993 should be spent by homeowners on all housing related costs. Renters have a median income of $36,207. This indicates that renters would have a maximum of $845 for their rent related monthly costs.

      Arkansas Sales Tax

      State General Sales Tax With Max Surtax
      Arkansas 6.5% 11.625%

      Arkansas Income Tax

      State Income Tax (Low) Income Tax (High)
      Arkansas 2% 4.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Moffett, OK947425.5%
      Branch, AR4037723.4%
      Mountainburg, AR5657822.0%
      Mulberry, AR1,6357921.3%
      Arkoma, OK1,8887921.1%
      Alma, AR6,0298812.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Lakemoor, IL6,0281066.4%
      McKees Rocks, PA6,0288415.6%
      North Hills, NY6,030248147.7%
      Grayson Valley, AL6,0338910.5%
      Marlow Heights, MD6,03312120.6%
      Alma, AR6,0298812.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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