| Index | Centerton | Arkansas | National |
| Cost of living | 99 | 86 | 100 |
| Groceries | 98 | 96 | 100 |
| Health care | 94 | 95 | 100 |
| Housing | 110 | 67 | 100 |
| Transportation | 97 | 94 | 100 |
| Utilities | 93 | 93 | 100 |
| Lifestyle & Entertainment | 92 | 93 | 100 |
| Household Items | 93 | 96 | 100 |
| Education & Childcare | 87 | 92 | 100 |
Knowing the cost of living in Centerton allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Centerton stands at 99, marking it 1% lower than the national average.
The cost of living in Centerton closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Centerton can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Wondering if Centerton is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Centerton, for example, the median home price is 6.3% higher than what folks pay nationally, and monthly rent is 17.6% higher than the usual rates. Plus, income levels matter too, with Centerton boasting a median household income of $129,618, which is 59.4% higher than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Centerton, the transportation index is 3.5% lower than the national average.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Centerton, is 9.7% higher than the national average.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Centerton starts at 6.5% and the income tax rates start at 2%.
The Centerton cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $145,151 | $12,096 | $3,387 | $4,355 |
| Renters | $102,662 | $8,555 | $2,395 | $3,080 |
| State | General Sales Tax | With Max Surtax |
| Arkansas | 6.5% | 11.625% |
| State | Income Tax (Low) | Income Tax (High) |
| Arkansas | 2% | 4.9% |
| City | Population | Cost of Living Index | National Avg. |
| Springtown, AR | 140 | 94 | 6.0% |
| Noel, MO | 2,121 | 79 | 21.2% |
| Decatur, AR | 1,584 | 82 | 17.7% |
| Gravette, AR | 3,529 | 88 | 12.0% |
| Gentry, AR | 4,053 | 89 | 11.0% |
| Centerton, AR | 15,676 | 99 | 1.3% |
| City | Population | Cost of Living Index | National Avg. |
| Groveland, FL | 15,677 | 112 | 12.4% |
| West Hants, NS | 15,678 | n/a | |
| Beech Grove, IN | 15,679 | 88 | 11.7% |
| Bemidji, MN | 15,682 | 95 | 5.4% |
| Clarksdale, MS | 15,683 | 81 | 19.4% |
| Centerton, AR | 15,676 | 99 | 1.3% |
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