| Index | Harrison | Arkansas | National |
| Cost of living | 85 | 86 | 100 |
| Groceries | 94 | 96 | 100 |
| Health care | 93 | 95 | 100 |
| Housing | 64 | 67 | 100 |
| Transportation | 92 | 94 | 100 |
| Utilities | 95 | 93 | 100 |
| Lifestyle & Entertainment | 96 | 93 | 100 |
| Household Items | 95 | 96 | 100 |
| Education & Childcare | 90 | 92 | 100 |
Getting a feel for the cost of living in Harrison is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Harrison is 85, which is 15% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
The most insightful perspective on a city comes from its residents. We recently surveyed 5 locals to gauge their perception of the cost of living in Harrison. The feedback revealed that 20% of respondents found the cost of living to be reasonable, with prices on the decline, while 80% regarded it as notably expensive with prices that continue to rise.
Is Harrison an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Harrison, the median home price is 36.3% lower than what most folks pay across the country, and monthly rent prices are 35.4% lower than the usual rates. Income levels in Harrison come in at $61,850, which is 24% lower than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Harrison, the transportation index stands at 7.7% lower than the national average.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Harrison, the groceries index is 5.9% lower than the national average.
Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.
The Harrison cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Groceries index | |
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $83,613 | $6,968 | $1,951 | $2,509 |
| Renters | $38,270 | $3,189 | $893 | $1,148 |
| 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. |
| Everton, AR | 53 | 94 | 6.3% |
| Zinc, AR | 70 | 68 | 31.6% |
| South Lead Hill, AR | 93 | 75 | 24.8% |
| Alpena, AR | 395 | 78 | 22.0% |
| Western Grove, AR | 683 | 79 | 20.7% |
| Harrison, AR | 13,520 | 85 | 15.2% |
| City | Population | Cost of Living Index | National Avg. |
| Worthington, MN | 13,520 | 90 | 10.3% |
| Timberlake, VA | 13,515 | 102 | 2.4% |
| Fort Drum, NY | 13,513 | 121 | 20.5% |
| Glenn Heights, TX | 13,529 | 100 | 0.4% |
| Fort Lewis, WA | 13,510 | 132 | 32.4% |
| Harrison, AR | 13,520 | 85 | 15.2% |
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