| Index | Siloam Springs | Arkansas | National |
| Cost of living | 91 | 86 | 100 |
| Groceries | 98 | 96 | 100 |
| Health care | 94 | 95 | 100 |
| Housing | 83 | 67 | 100 |
| Transportation | 97 | 94 | 100 |
| Utilities | 93 | 93 | 100 |
| Lifestyle & Entertainment | 92 | 93 | 100 |
| Household Items | 93 | 96 | 100 |
| Education & Childcare | 87 | 92 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Siloam Springs? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Siloam Springs stands at 91, making it 9% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
In Siloam Springs, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Siloam Springs will resemble that of an average city, contributing to a manageable cost of living.
Is Siloam Springs an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Siloam Springs is 15.7% lower than the national average, while the average monthly rent prices are 21.1% lower than average. The affordability of any location can also be influenced by median income levels. Siloam Springs has a median household income of $78,818, which is 3.1% lower than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
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 Siloam Springs, the groceries index registers 2.5% lower than the national average.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Siloam Springs, healthcare costs are 5.9% lower than the national average.
The cost of living estimates displayed for Siloam Springs are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across 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 | $98,531 | $8,211 | $2,299 | $2,956 |
| Renters | $59,288 | $4,941 | $1,383 | $1,779 |
| 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. |
| Sycamore, OK | 0 | 94 | 6.0% |
| Cherokee City, AR | 58 | 94 | 6.0% |
| Springtown, AR | 140 | 94 | 6.0% |
| Proctor, OK | 392 | 93 | 6.7% |
| Flint Creek, OK | 757 | 77 | 23.2% |
| Siloam Springs, AR | 17,596 | 91 | 9.4% |
| City | Population | Cost of Living Index | National Avg. |
| Tillsonburg, ON | 17,594 | n/a | |
| South Ogden, UT | 17,591 | 106 | 6.2% |
| Swift Current, SK | 17,609 | n/a | |
| Lemont, IL | 17,612 | 124 | 24.5% |
| Springfield, TN | 17,576 | 94 | 5.9% |
| Siloam Springs, AR | 17,596 | 91 | 9.4% |
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