Hope, AR Cost Of Living
Hope's Overall Cost Of Living
Lower Than The National Average
In Arkansas
In America
What is the cost of living in Hope, AR?
According to the most recent data on the cost of living, Hope has an overall cost of living index of 77 which is 0.8x lower than the national index of 100.
Compared to only Arkansas, Hope has a cost of living index that's 0.9x lower than Arkansas's index of 85.
The standard of living in Hope ranks as #78 most affordable out of the 6,418 places we measured in Arkansas. By definition, that implies Hope ranks as the #6,341 most expensive place in the Natural State.
Hope Cost Of Living Vs. Arkansas
| Living Expense | Hope | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 77 | 85 | 100 | |
| Services | 97 | 97 | 100 | |
| Groceries | 97 | 92 | 100 | |
| Health | 94 | 88 | 100 | |
| Housing | 49 | 66 | 100 | |
| Transportation | 78 | 87 | 100 | |
| Utilities | 89 | 93 | 100 | |
Hope, AR Housing Cost Breakdown
Housing swings affordability the most between places in Arkansas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
Detailed Hope Services Costs Vs. Arkansas
Detailed Hope Groceries Costs Vs. Arkansas
Detailed Hope Health Costs Vs. Arkansas
Detailed Hope Transportation Costs Vs. Arkansas
Detailed Hope Utilities Costs Vs. Arkansas
Hope SnackAbility
/10
Cost Of Living In Cities Around Hope
| City | Population | Cost Of Living | Vs. Hope |
|---|---|---|---|
| Texarkana, TX | 36,733 | 83 | 1.1x |
| Texarkana, AR | 29,864 | 83 | 1.1x |
| Magnolia, AR | 11,537 | 83 | 1.1x |
| Camden, AR | 10,877 | 80 | 1.0x |
| Arkadelphia, AR | 10,670 | 84 | 1.1x |
