Cost Of Living in Okolona, AR

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12%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

31%

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	Okolona	Arkansas	National
Cost of living	88	86	100
Groceries	97	96	100
Health care	96	95	100
Housing	69	67	100
Transportation	96	94	100
Utilities	93	93	100
Lifestyle & Entertainment	93	93	100
Household Items	98	96	100
Education & Childcare	95	92	100

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Homes For Sale In Okolona, AR

211 Hale Rd

Okolona, AR

Shawmut Rd

Murfreesboro, AR

2660 Bateman Rd

Okolona, AR

Cost Of Living Quick Facts

The cost of living in Okolona is 2% higher than the Arkansas average
The cost of living in Okolona is 12% lower than the national average
Okolona housing is 31% 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	$0	$0	$0	$0
Renters	$23,600	$1,967	$551	$708

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.
Whelen Springs, AR	39	96	4.5%
Antoine, AR	180	78	22.4%
Blevins, AR	412	79	20.7%
Delight, AR	343	80	20.4%
Gurdon, AR	2,167	81	19.2%
Okolona, AR	356	88	12.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Belk, AL	356	83	17.4%
Terril, IA	356	86	14.2%
West Okoboji, IA	356	139	39.0%
Leonard, MI	356	99	1.3%
Howardville, MO	356	81	19.3%
Okolona, AR	356	88	12.3%