Cost of living in Centerton 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 Centerton 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 Centerton is 102, with 100 being the average.
The cost of living index in Centerton is 1.0x higher than the national average.
Centerton ranks as the #62 cheapest in Arkansas out of 69.
Centerton ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Centerton is $349,137.
The median income in Centerton is $112,920.
According to the most recent data on the cost of living, Centerton has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Arkansas, Centerton has a cost of living index that's 1.2x higher than Arkansas's index of 85.
The standard of living in Centerton ranks as #62 most affordable out of the 69 places we measured in Arkansas. By definition, that implies Centerton ranks as the #7 most expensive place in the Natural State.
For more reading on life in Centerton, check out:
Six factors go into calculating the cost of living index in Centerton. Here is how it fairs on each of the criteria:
The Services index in Centerton is 100.
The Groceries index in Centerton is 94.
The Health index in Centerton is 101.
The Housing index in Centerton is 109.
The Transportation index in Centerton is 97.
The Utilities index in Centerton is 94.
| Living Expense | Centerton | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 102 | 85 | 100 | |
| Services | 100 | 99 | 100 | |
| Groceries | 94 | 95 | 100 | |
| Health | 101 | 89 | 100 | |
| Housing | 109 | 65 | 100 | |
| Transportation | 97 | 90 | 100 | |
| Utilities | 94 | 93 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Centerton is $349,137.
The Median Rent in Centerton is $1,436.
The Median Income in Centerton is $112,920.
The Home Value To Income in Centerton is 3.1x.
The Rent To Monthly Income in Centerton is 0.15x.
The cost of living varies in the cities and towns around Centerton. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, AR has a cost of living index of 94, 0.9x Centerton.
Rogers, AR has a cost of living index of 98, 1.0x Centerton.
Bentonville, AR has a cost of living index of 108, 1.1x Centerton.
| City | Population | Cost Of Living | Vs. Centerton |
|---|---|---|---|
| Springdale, AR | 87,388 | 94 | 0.9x |
| Rogers, AR | 71,411 | 98 | 1.0x |
| Bentonville, AR | 56,326 | 108 | 1.1x |
| Siloam Springs, AR | 18,096 | 92 | 0.9x |
| Lowell, AR | 10,438 | 97 | 1.0x |
| Cave Springs, AR | 5,778 | 119 | 1.2x |