Cost Of Living in Midway, AR

Get 300+ Local Insights for Any Address in Midway, AR

Get Access to 300+ Local Data Points

A+

17%

Overall NAT. AVG.

11%

Goods & Services NAT. AVG.

30%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Midway	Arkansas	National
Cost of living	83	86	100
Goods & Services	89	98	100
Groceries	94	95	100
Health care	95	88	100
Housing	70	65	100
Transportation	90	90	100
Utilities	80	92	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Midway is 3% lower than the Arkansas average
The cost of living in Midway is 17% lower than the national average
Midway housing is 30% 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

Most Affordable Places to Live in and Around Midway

See all the best places to live around Midway

Compare Midway, AR Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Midway poll results

The best places in Arkansas

Here are the best places to live in Arkansas

Check out the 10 most dangerous cities in Arkansas

See the best places to live in Midway

These are the 10 cheapest cities in Arkansas

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$48,906	$4,076	$1,141	$1,467
Renters	$0	$0	$0	$0

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%

Goods & Services

Item	Midway	National avg.	Difference
Haircut	$20.90	$24.26	13.9%
Beauty Salon	$43.40	$45.56	4.7%
Toothpaste	$3.69	$3.70	0.2%
Shampoo	$1.43	$1.28	11.9%
Movie	$11.45	$12.13	5.7%
Bowling	$20.06	$18.00	11.5%

Groceries

Item	Midway	National avg.	Difference
Ground Beef	$5.93	$5.84	1.5%
Fried Chicken	$1.37	$1.57	12.7%
Milk	$4.65	$4.67	0.5%
Potatoes	$4.78	$4.93	3.1%
Pizza	$10.93	$12.09	9.6%
Beer	$9.53	$10.41	8.5%

Health Care

Item	Midway	National avg.	Difference
Optometrist	$87.72	$125.68	30.2%
Doctor	$89.65	$135.78	34.0%
Dentist	$114.22	$113.29	0.8%
Ibuprofen	$10.47	$10.65	1.7%
Lipitor	$495.14	$468.60	5.7%

Housing

Item	Midway	National avg.	Difference
Home Price	$116,200.00	$184,700.00	37.1%
Avg. Mortgage Payment	$1,859.59	$2,346.69	20.8%
Apartment Rent	$806.00	$949.00	15.1%

Transportation

Item	Midway	National avg.	Difference
Gasoline	$3.49	$3.46	0.8%
Tire Balancing	$45.32	$59.92	24.4%

Utilities

Item	Midway	National avg.	Difference
All Electricity	$193.72	$193.99	0.1%
Phone	$200.43	$192.25	4.3%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Theodosia, MO	116	77	22.8%
Flippin, AR	1,247	78	21.9%
Gainesville, MO	584	78	21.8%
Midway town, AR	380	78	21.8%
Salesville, AR	302	77	23.1%
Midway, AR	1,004	83	16.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Stover, MO	1,004	81	18.7%
Loup City, NE	1,004	78	22.1%
Harbor Isle, NY	1,004	160	60.0%
Bloomville, OH	1,004	84	16.3%
Hopedale, OH	1,004	89	10.7%
Midway, AR	1,004	83	16.6%