Cabot, AR Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Cabot, AR Summary

Cost of living in Cabot research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cabot is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Arkansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Cabot is 90, with 100 being the average.

  • The cost of living index in Cabot is 0.9x lower than the national average.

  • Cabot ranks as the #54 cheapest in Arkansas out of 65.

  • Cabot ranks as the #1,633 cheapest out of 6,412 in the US.

  • The median home value in Cabot is $166,100.

  • The median income in Cabot is $62,654.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
90
Cabot's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Cabot, AR?

According to the most recent data on the cost of living, Cabot has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Arkansas, Cabot has a cost of living index that's 1.0x lower than Arkansas's index of 90.

The standard of living in Cabot ranks as #54 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Cabot ranks as the #11 most expensive place in the Natural State.

For more reading on life in Cabot, check out:

54 out of 65
In Arkansas
1,633 out of 6,412
In America

Cabot Cost Of Living Vs. Arkansas

Six factors go into calculating the cost of living index in Cabot. Here is how it fairs on each of the criteria:

  • The Services index in Cabot is 106.

  • The Groceries index in Cabot is 94.

  • The Health index in Cabot is 92.

  • The Housing index in Cabot is 77.

  • The Transportation index in Cabot is 92.

  • The Utilities index in Cabot is 96.

Living Expense Cabot Arkansas National Average
Overall 90 90 100
Services 106 98 100
Groceries 94 94 100
Health 92 85 100
Housing 77 76 100
Transportation 92 90 100
Utilities 96 95 100
For more reading on cost of living around Arkansas, check out:
Cabot Cost of Living Vs. AR

Cabot, AR Housing Cost Breakdown

Housing swings affordability the most between places in Arkansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Cabot is $166,100.

  • The Median Rent in Cabot is $886.

  • The Median Income in Cabot is $62,654.

  • The Home Value To Income in Cabot is 2.7x.

  • The Rent To Monthly Income in Cabot is 0.17x.

Statistic Cabot Arkansas United States
Median Home Value $166,100 $142,100 $244,900
Median Rent $886 $803 $1,163
Median Income $62,654 $52,123 $69,021
Home Value To Income 2.7x 2.7x 3.5x
Rent To Monthly Income 0.17x 0.18x 0.2x
Search Homes For Sale In Cabot, AR
$166,100
Median Home Value
$886
Median Rent
$62,654
Median Income

Cabot, AR Costs By Category

Detailed Cabot Services Costs Vs. Arkansas

Item Cabot Arkansas
Shampoo $0.93 $1.06
Movie $12.22 $10.68
Bowling $14.45 $14.67
Haircut $20.36 $18.62
Beauty Salon $42.83 $39.05

Detailed Cabot Groceries Costs Vs. Arkansas

Item Cabot Arkansas
Ground Beef $3.72 $4.22
Fried Chicken $1.16 $1.39
Milk $1.78 $2.05
Potatoes $3.57 $3.29
Pizza $9.82 $10.62
Beer $9.67 $9.38
Toothpaste $1.98 $2.34

Detailed Cabot Health Costs Vs. Arkansas

Item Cabot Arkansas
Optometrist $101.5 $108.57
Doctor $125.22 $116.17
Dentist $69.23 $99.13

Detailed Cabot Transportation Costs Vs. Arkansas

Item Cabot Arkansas
Gasoline $1.89 $2.22
Tire Balancing $52.89 $50.07

Detailed Cabot Utilities Costs Vs. Arkansas

Item Cabot Arkansas
All Electricity $143.0 $167.67
Phone $197.3 $175.64

Cabot SnackAbility

7
/10
Overall SnackAbility
Jobs
7/10
Housing
7
Affordability
8
Diversity
7
Safety
6
Amenities
8.5
Education
8
Commute
5

Cost Of Living In Cities Around Cabot

The cost of living varies in the cities and towns around Cabot. Here's a quick look at the cost of living in the most populous nearby places:

  • Little Rock, AR has a cost of living index of 96, 1.1x Cabot.

  • North Little Rock, AR has a cost of living index of 91, 1.0x Cabot.

  • Conway, AR has a cost of living index of 87, 1.0x Cabot.

City Population Cost Of Living Vs. Cabot
Little Rock, AR 201,893 96 1.1x
North Little Rock, AR 64,444 91 1.0x
Conway, AR 63,746 87 1.0x
Benton, AR 34,746 93 1.0x
Sherwood, AR 32,544 93 1.0x
Jacksonville, AR 29,385 90 1.0x
Searcy, AR 23,074 82 0.9x
Bryant, AR 20,399 95 1.1x
Maumelle, AR 19,070 102 1.1x
Stuttgart, AR 8,363 85 0.9x

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