B+
4%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
12%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Bryant Arkansas National
Cost of living9686100
Goods & Services10798100
Groceries9895100
Health care8888100
Housing8865100
Transportation8890100
Utilities9492100

An Overview of Cost of Living in Bryant, AR

Are you thinking about relocating, but curious about the potential cost of living in Bryant? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Bryant stands at 96, making it 4% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

Everyday expenditures like food, housing, goods and services, transportation and health care in Bryant are priced in a manner consistent with other areas. This means that residents of Bryant can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is Bryant Affordable?

Is Bryant an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Bryant is 9.8% lower than the national average, while the average monthly rent prices are 15.7% lower than average. The affordability of any location can also be influenced by median income levels. Bryant has a median household income of $71,802, which is 29.8% higher than the national average.

What Factors can Influence the Cost of Living in Bryant?

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Bryant, the healthcare costs are 11.7% lower than the national average.

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In Bryant, the utilities index registers 5.9% lower than the national average.

Where is the Data From?

The cost of living data in Bryant displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Bryant is 12% higher than the Arkansas average
  • The cost of living in Bryant is 4% lower than the national average
  • Bryant housing is 12% lower than the national average
  • Arkansas general sales tax is 27% higher than the national average
  • Arkansas state income tax is 11% lower than the national average

Most Affordable Places to Live in and Around Bryant

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Compare Bryant, AR Cost of Living

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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
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$86,752$7,229$2,024$2,603
      Renters$38,702$3,225$903$1,161
      To approximate the cost of living and the housing affordability in Bryant, AR, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Bryant have a median income of $86,752. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,024 per month to avoid calamity and poverty. The renters in the city have an income of about $38,702, which would make their monthly maximum allowable rental costs $903.

      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% 5.5%

      Goods & Services

      Item Bryant National avg. Difference
      Haircut $28.72$24.2618.4%
      Beauty Salon $47.61$45.564.5%
      Toothpaste $3.61$3.702.6%
      Shampoo $1.17$1.288.9%
      Movie $13.35$12.1310.1%
      Bowling $15.56$18.0013.6%

      Groceries

      Item Bryant National avg. Difference
      Ground Beef $5.76$5.841.4%
      Fried Chicken $1.36$1.5713.3%
      Milk $4.65$4.670.5%
      Potatoes $5.31$4.937.6%
      Pizza $11.20$12.097.4%
      Beer $10.24$10.411.6%

      Health Care

      Item Bryant National avg. Difference
      Optometrist $115.17$125.688.4%
      Doctor $132.33$135.782.5%
      Dentist $81.53$113.2928.0%
      Ibuprofen $10.35$10.652.8%
      Lipitor $471.21$468.600.6%

      Housing

      Item Bryant National avg. Difference
      Home Price $166,600.00$184,700.009.8%
      Avg. Mortgage Payment $2,117.76$2,346.699.8%
      Apartment Rent $800.00$949.0015.7%

      Transportation

      Item Bryant National avg. Difference
      Gasoline $3.05$3.4612.0%
      Tire Balancing $53.11$59.9211.4%

      Utilities

      Item Bryant National avg. Difference
      All Electricity $166.99$193.9913.9%
      Phone $205.18$192.256.7%
      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 Population Cost of Living Index National Avg.
      College Station, AR3167921.2%
      Salem city, AR1,9358218.0%
      Salem, AR1,5328317.2%
      Sweet Home, AR9268316.7%
      Traskwood, AR3508218.2%
      Bryant, AR20,563963.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Prunedale, CA20,56016463.9%
      Hammond, LA20,557937.4%
      Clemmons, NC20,5741065.7%
      Adrian, MI20,5508713.2%
      Palm Valley, FL20,54013635.8%
      Bryant, AR20,563963.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.