Cost Of Living in Madison, AR

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20%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

67%

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	Madison	Arkansas	National
Cost of living	80	86	100
Groceries	101	96	100
Health care	96	95	100
Housing	33	67	100
Transportation	102	94	100
Utilities	98	93	100
Lifestyle & Entertainment	102	93	100
Household Items	98	96	100
Education & Childcare	104	92	100

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Homes For Sale In Madison, AR

111 Sfc 421

Forrest City, AR

1467 Highway 50 E

Widener, AR

719 Jackson St

Madison, AR

51 Sfc 445

Forrest City, AR

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Cost Of Living Quick Facts

The cost of living in Madison is 7% lower than the Arkansas average
The cost of living in Madison is 20% lower than the national average
Madison housing is 67% 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	$50,483	$4,207	$1,178	$1,515
Renters	$49,546	$4,129	$1,156	$1,487

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.
Colt, AR	334	78	21.7%
Haynes, AR	122	75	25.4%
Widener, AR	229	79	21.2%
Hughes, AR	1,018	75	24.8%
Palestine, AR	866	83	17.0%
Madison, AR	1,083	80	19.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Coker, AL	1,083	96	3.7%
Mount Crested Butte, CO	1,083	142	41.8%
Lawtey, FL	1,083	89	11.1%
Seelyville, IN	1,083	85	15.0%
Faith, NC	1,083	99	0.5%
Madison, AR	1,083	80	19.9%