A+
Overall 24%
Goods & Services 10%
Housing 56%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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.
IndexWarrenArkansasNational
Cost of living7684100
Goods & Services9095100
Groceries9590100
Health care9486100
Housing4465100
Transportation9483100
Utilities8191100

Key findings

  • The cost of living in Warren is 9% lower than the Arkansas average
  • The cost of living in Warren is 24% lower than the national average
  • Warren housing is 56% lower than the national average
  • Arkansas general sales tax is 28% higher than the national average
  • Arkansas state income tax is 10% lower than the national average

Most Affordable Places to Live in and Around Warren

See all the best places to live around Warren

Compare Warren, AR Cost of Living

      vs
      How would you rate the cost of living in Warren?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Warren?
      Write a review to give others more information about this area.
      See all Warren poll results

      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$36,658$3,055$855$1,100
      Renters$20,490$1,708$478$615
      A good way to judge both the affordability of the housing and the cost of living in Warren is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Warren has a median income of about $36,658 for people who own homes. Based on that number, a maximum of $855 should be spent on expenses related to housing. Renters have a slightly different median income, which is $20,490. Based on this average, renters should spend no more than $478 on all rental costs if they want to maintain a non-impoverished standard of living.

      Arkansas Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Arkansas6.5%11.625%

      Arkansas Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Arkansas2%6.6%

      Goods & Services

      ItemWarrenNational avg.Difference
      Haircut $16.25$17.497.1%
      Beauty Salon $30.00$38.1721.4%
      Toothpaste $2.43$2.324.7%
      Shampoo $0.96$1.015.1%
      Movie $8.50$10.7220.7%
      Bowling $15.00$13.868.2%

      Groceries

      ItemWarrenNational avg.Difference
      Ground Beef $3.56$3.908.7%
      Fried Chicken $1.14$1.4018.3%
      Milk $2.01$1.962.4%
      Potatoes $3.16$3.180.7%
      Pizza $9.79$10.395.8%
      Beer $8.58$9.237.0%

      Health Care

      ItemWarrenNational avg.Difference
      Optometrist $81.67$106.3423.2%
      Doctor $95.00$115.2517.6%
      Dentist $110.00$98.3811.8%
      Ibuprofen $9.19$9.260.8%
      Lipitor $387.68$466.4716.9%

      Housing

      ItemWarrenNational avg.Difference
      Home Price $67,900.00$184,700.0063.2%
      Avg. Mortgage Payment $1,129.35$1,273.3211.3%
      Apartment Rent $583.00$949.0038.6%

      Transportation

      ItemWarrenNational avg.Difference
      Gasoline $2.30$2.5911.4%
      Tire Balancing $51.67$48.905.7%

      Utilities

      ItemWarrenNational avg.Difference
      All Electricity$115.77$167.6030.9%
      Phone $176.14$163.427.8%
      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, StatePopulationCost of Living IndexNational Avg.
      Banks, AR11968-32%
      Hermitage, AR81672-28%
      New Edinburg, AR46979-21%
      Wilmar, AR36280-20%
      Rye, AR15686-14%
      Warren, AR5,80476-24%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      East Falmouth, MA5,80413232%
      Valley Falls, SC5,80592-8%
      The Village of Indian Hill, OH5,803220120%
      Rib Mountain, WI5,80297-3%
      Albion, NY5,80286-14%
      Warren, AR5,80476-24%
      Source: The Warren, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.