Cost Of Living in Prescott, AR

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18%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

51%

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	Prescott	Arkansas	National
Cost of living	82	86	100
Groceries	98	96	100
Health care	96	95	100
Housing	49	67	100
Transportation	93	94	100
Utilities	94	93	100
Lifestyle & Entertainment	96	93	100
Household Items	98	96	100
Education & Childcare	97	92	100

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Homes For Sale In Prescott, AR

Corner Of Nevada 30

, AR

1935 Arkansas 24

Prescott, AR

218 E 5th St S

Prescott, AR

Camden Hwy

Prescott, AR

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Cost Of Living Quick Facts

The cost of living in Prescott is 5% lower than the Arkansas average
The cost of living in Prescott is 18% lower than the national average
Prescott housing is 51% 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	$78,342	$6,529	$1,828	$2,350
Renters	$30,772	$2,564	$718	$923

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.
Rosston, AR	429	76	24.0%
Emmet, AR	456	77	23.3%
Cale, AR	66	78	22.3%
Blevins, AR	412	79	20.7%
McCaskill, AR	76	81	19.0%
Prescott, AR	3,081	82	18.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Strasburg, CO	3,081	128	27.8%
Hemlock Farms, PA	3,081	109	9.4%
Tularosa, NM	3,080	91	9.2%
Hamilton, TX	3,080	87	13.2%
Eatonville, WA	3,082	118	17.7%
Prescott, AR	3,081	82	18.2%

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.

Cost of Living in Prescott, AR

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Arkansas Sales Tax

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