Cost of Living in Caraway, AR

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22%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
62%
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 Caraway Arkansas National
Cost of living7886100
Groceries9896100
Health care9395100
Housing3867100
Transportation9194100
Utilities9493100
Lifestyle & Entertainment9393100
Household Items9996100
Education & Childcare9192100
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Homes For Sale In Caraway, AR

property for sale

402 N San Francisco

Caraway, AR
property for sale

301 Dogwood St

Caraway, AR
property for sale

422 W State St

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

Cost Of Living Quick Facts

  • The cost of living in Caraway is 10% lower than the Arkansas average
  • The cost of living in Caraway is 22% lower than the national average
  • Caraway housing is 62% 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 Caraway

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$83,458$6,955$1,947$2,504
      Renters$23,180$1,932$541$695

      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.
      Victoria, AR12945.6%
      Black Oak, AR2057623.5%
      Dyess, AR3048118.9%
      Lepanto, AR1,9677821.8%
      Etowah, AR3377921.4%
      Caraway, AR1,2627822.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Talahi Island, GA1,26213636.2%
      Coleman, MI1,2628118.6%
      Osceola, MO1,2628119.0%
      Sainte-Marie-Salomé, QC1,262n/a 
      Saint-Louis-du-Ha! Ha!, QC1,262n/a 
      Caraway, AR1,2627822.4%
      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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