Cost of Living in Little Rock, AR
Little Rock has a cost of living index of 86 (100 = national average), making it more affordable than the national average. The median household income is $50,447 and the median home price is $200,000.
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Little Rock at a Glance
Population
202,591
Cost of Living Index
86
Median Income
$50,447
Median Home Price
$200,000
Property Tax Rate
0.62%
Sales Tax Rate
9.13%
Rent Index
72
State
Arkansas
Living in Little Rock
Little Rock offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $200,000 is well within reach for many families.
The combined sales tax rate in Little Rock is 9.13%, and the effective property tax rate is 0.62%. Property taxes are relatively low compared to the national average.