| Index | Marion | Arkansas | National |
| Cost of living | 98 | 86 | 100 |
| Groceries | 101 | 96 | 100 |
| Health care | 96 | 95 | 100 |
| Housing | 92 | 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 |
Getting a feel for the cost of living in Marion 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 Marion is 98, which is 2% 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 cost of living in Marion 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 Marion can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Marion 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 Marion, the median home price is 7.6% lower than what most folks pay across the country, and monthly rent prices are 8% lower than the usual rates. Income levels in Marion come in at $114,784, which is 41.1% higher than the national average.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Marion, the groceries index registers 0.8% 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 Marion, the transportation index is 1.5% higher than the national average.
Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday household expenses, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Marion, the standard sales tax rate starts at 6.5%, and the income tax rates commence at 2%.
The cost of living data for Marion shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| 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 | $139,472 | $11,623 | $3,254 | $4,185 |
| Renters | $70,520 | $5,877 | $1,645 | $2,116 |
| 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. |
| Jennette, AR | 63 | 78 | 22.0% |
| Anthonyville, AR | 70 | 81 | 19.3% |
| Sunset, AR | 239 | 82 | 17.8% |
| Earle, AR | 2,227 | 84 | 16.5% |
| Turrell, AR | 619 | 84 | 15.8% |
| Marion, AR | 12,792 | 98 | 2.2% |
| City | Population | Cost of Living Index | National Avg. |
| Conneaut, OH | 12,804 | 86 | 14.2% |
| Lakeland South, WA | 12,778 | 133 | 33.1% |
| Bedford, OH | 12,807 | 86 | 14.1% |
| Cambridge, MD | 12,776 | 103 | 3.3% |
| Urbana, MD | 12,811 | 159 | 58.9% |
| Marion, AR | 12,792 | 98 | 2.2% |
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