Cost of Living in Trumann, AR

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16%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
41%
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 Trumann Arkansas National
Cost of living8486100
Groceries9896100
Health care9395100
Housing5967100
Transportation9194100
Utilities9493100
Lifestyle & Entertainment9393100
Household Items9996100
Education & Childcare9192100
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Homes For Sale In Trumann, AR

property for sale

17133 Liles Ln

Trumann, AR
property for sale

13506 Highway 463 S

Trumann, AR
property for sale

717 Ellis Ave

Trumann, AR
property for sale

612 Circle Dr

Trumann, AR
See the Newest Homes For Sale In Trumann, AR

Cost Of Living Quick Facts

  • The cost of living in Trumann is 3% lower than the Arkansas average
  • The cost of living in Trumann is 16% lower than the national average
  • Trumann housing is 41% 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 Trumann

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$85,673$7,139$1,999$2,570
      Renters$29,539$2,462$689$886
      To approximate the cost of living and the housing affordability in Trumann, AR, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Trumann have a median income of $85,673. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,999 per month to avoid calamity and poverty. The renters in the city have an income of about $29,539, which would make their monthly maximum allowable rental costs $689.

      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.
      Birdsong, AR307722.6%
      Black Oak, AR2057623.5%
      Caraway, AR1,2627822.4%
      Lepanto, AR1,9677821.8%
      Marked Tree, AR2,3597921.3%
      Trumann, AR7,2698416.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Digby, NS7,269n/a 
      Cottage Grove, WI7,27011414.1%
      Elkins, WV7,2678613.8%
      St. Augustine Beach, FL7,27113636.2%
      Pike Creek, DE7,26312525.1%
      Trumann, AR7,2698416.3%
      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.
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