Cost Of Living in Lake View, AR

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23%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

64%

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	Lake View	Arkansas	National
Cost of living	77	86	100
Groceries	98	96	100
Health care	94	95	100
Housing	36	67	100
Transportation	93	94	100
Utilities	100	93	100
Lifestyle & Entertainment	96	93	100
Household Items	95	96	100
Education & Childcare	87	92	100

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Cost Of Living Quick Facts

The cost of living in Lake View is 10% lower than the Arkansas average
The cost of living in Lake View is 23% lower than the national average
Lake View housing is 64% 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

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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	$51,102	$4,259	$1,192	$1,533
Renters	$25,391	$2,116	$592	$762

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.
Farrell, MS	303	72	28.4%
Elaine, AR	738	76	23.5%
Friars Point, MS	1,294	76	23.6%
Marvell, AR	1,682	79	21.3%
Helena-West Helena, AR	10,702	81	19.3%
Lake View, AR	426	77	22.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Chefornak, AK	426	95	5.2%
Damascus, AR	426	88	11.9%
St. Mary's, CO	426	109	8.9%
Earling, IA	426	84	15.8%
Loraine, IL	426	84	16.4%
Lake View, AR	426	77	22.9%