What is the cost of living in Magnolia, AR?
According to the most recent data on the cost of living, Magnolia has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Magnolia has a cost of living index that's 1.0x lower than Arkansas's index of 85.
The standard of living in Magnolia ranks as #15 most affordable out of the 70 places we measured in Arkansas. By definition, that implies Magnolia ranks as the #55 most expensive place in the Natural State.
For more reading on life in Magnolia, check out:
Magnolia Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Magnolia. Here is how it fares on each of the criteria:
The Services index in Magnolia is 99.
The Groceries index in Magnolia is 96.
The Health index in Magnolia is 57.
The Housing index in Magnolia is 95.
The Transportation index in Magnolia is 92.
The Utilities index in Magnolia is 96.
| Living Expense | Magnolia | Arkansas | National Average |
|---|---|---|---|
| Overall | 84 | 85 | 100 |
| Services | 99 | 95 | 100 |
| Groceries | 96 | 93 | 100 |
| Health | 57 | 68 | 100 |
| Housing | 95 | 96 | 100 |
| Transportation | 92 | 92 | 100 |
| Utilities | 96 | 92 | 100 |
Magnolia 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 Magnolia Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Magnolia, 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 Magnolia is $145,078.
The Median Rent in Magnolia is $633.
The Median Income in Magnolia is $56,127.
The Home Value To Income in Magnolia is 2.6x.
The Rent To Monthly Income in Magnolia is 0.14x.
Magnolia, AR Costs By Category
Detailed Magnolia Services costs vs. Arkansas
Detailed Magnolia Groceries costs vs. Arkansas
Detailed Magnolia Health costs vs. Arkansas
Detailed Magnolia Transportation costs vs. Arkansas
Magnolia SnackAbility
Cost Of Living In Cities Around Magnolia
The cost of living varies in the cities and towns around Magnolia. Here's a quick look at the cost of living in the most populous nearby places:
Texarkana, AR has a cost of living index of 90, 1.1x Magnolia.
El Dorado, AR has a cost of living index of 83, 1.0x Magnolia.
Minden, LA has a cost of living index of 89, 1.1x Magnolia.
| City | Population | Cost Of Living | Vs. Magnolia |
|---|---|---|---|
| Texarkana, AR | 29,177 | 90 | 1.1x |
| El Dorado, AR | 17,115 | 83 | 1.0x |
| Minden, LA | 11,455 | 89 | 1.1x |
| Camden, AR | 10,307 | 81 | 1.0x |
| Hope, AR | 8,671 | 85 | 1.0x |
