What is the cost of living in Cherokee Village, AR?
According to the most recent data on the cost of living, Cherokee Village has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Cherokee Village has a cost of living index that's 1.0x lower than Arkansas's index of 85.
The standard of living in Cherokee Village ranks as #11 most affordable out of the 70 places we measured in Arkansas. By definition, that implies Cherokee Village ranks as the #59 most expensive place in the Natural State.
For more reading on life in Cherokee Village, check out:
Cherokee Village Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Cherokee Village. Here is how it fares on each of the criteria:
The Services index in Cherokee Village is 96.
The Groceries index in Cherokee Village is 94.
The Health index in Cherokee Village is 52.
The Housing index in Cherokee Village is 90.
The Transportation index in Cherokee Village is 92.
The Utilities index in Cherokee Village is 92.
| Living Expense | Cherokee Village | Arkansas | National Average |
|---|---|---|---|
| Overall | 83 | 85 | 100 |
| Services | 96 | 95 | 100 |
| Groceries | 94 | 93 | 100 |
| Health | 52 | 68 | 100 |
| Housing | 90 | 96 | 100 |
| Transportation | 92 | 92 | 100 |
| Utilities | 92 | 92 | 100 |
Cherokee Village Cost Of Living Compared To Arkansas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Arkansas, check out:
Protect your home budget Compare home warranties in Cherokee Village Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Cherokee Village, 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 2020-2024. The key points are:
The Median Home Value in Cherokee Village is $150,230.
The Median Rent in Cherokee Village is $951.
The Median Income in Cherokee Village is $37,326.
The Home Value To Income in Cherokee Village is 4.0x.
The Rent To Monthly Income in Cherokee Village is 0.31x.
| Statistic | Cherokee Village | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $150,230 | $222,050 | $332,700 |
| Median Rent | $951 | $947 | $1,413 |
| Median Income | $37,326 | $60,773 | $80,734 |
| Home Value To Income | 4.0x | 3.7x | 4.1x |
| Rent To Monthly Income | 0.31x | 0.19x | 0.21x |
Cherokee Village, AR Costs By Category
Detailed Cherokee Village Services costs vs. Arkansas
| Item | Cherokee Village | Arkansas |
|---|---|---|
| Shampoo | $1.06 | $1.28 |
| Movie | $13.11 | $12.13 |
| Bowling | $14.38 | $18 |
| Haircut | $22.59 | $24.26 |
| Beauty Salon | $43.68 | $45.56 |
Detailed Cherokee Village Groceries costs vs. Arkansas
| Item | Cherokee Village | Arkansas |
|---|---|---|
| Ground Beef | $5.34 | $5.84 |
| Fried Chicken | $1.38 | $1.57 |
| Milk | $4.52 | $4.67 |
| Potatoes | $5.34 | $4.93 |
| Pizza | $11.64 | $12.09 |
| Beer | $10.04 | $10.41 |
| Toothpaste | $3.59 | $3.7 |
Detailed Cherokee Village Health costs vs. Arkansas
| Item | Cherokee Village | Arkansas |
|---|---|---|
| Optometrist | $113.05 | $125.68 |
| Doctor | $121.2 | $135.78 |
| Dentist | $93.91 | $113.29 |
Detailed Cherokee Village Transportation costs vs. Arkansas
| Item | Cherokee Village | Arkansas |
|---|---|---|
| Gasoline | $3.12 | $3.46 |
| Tire Balancing | $51.88 | $59.92 |
Detailed Cherokee Village Utilities costs vs. Arkansas
| Item | Cherokee Village | Arkansas |
|---|---|---|
| All Electricity | $163.75 | $193.99 |
| Phone | $204.07 | $192.25 |
