Morrilton, AR Cost Of Living

The latest cost of living statistics for Morrilton. Includes statistics on rent, mortgages, healthcare, and other costs for Morrilton compared to the state and national averages.

Cost of living in Morrilton, Arkansas

Cost of living in Morrilton 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 Morrilton 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:

88 Cost of living index 0.9x lower vs US
#30 Cheapest in Arkansas (of 70)
#742 Cheapest in the U.S. (of 6,489)
$163,946 Median home value
$717 Median rent
$47,572 Median income
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What is the cost of living in Morrilton, AR?

According to the most recent data on the cost of living, Morrilton has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Arkansas, Morrilton has a cost of living index that's 1.0x higher than Arkansas's index of 85.

The standard of living in Morrilton ranks as #30 most affordable out of the 70 places we measured in Arkansas. By definition, that implies Morrilton ranks as the #40 most expensive place in the Natural State.

For more reading on life in Morrilton, check out:

Morrilton Cost Of Living Vs. Arkansas

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

  • The Services index in Morrilton is 95.

  • The Groceries index in Morrilton is 95.

  • The Health index in Morrilton is 65.

  • The Housing index in Morrilton is 97.

  • The Transportation index in Morrilton is 95.

  • The Utilities index in Morrilton is 94.

Living Expense Morrilton Arkansas National Average
Overall 88 85 100
Services 95 95 100
Groceries 95 93 100
Health 65 68 100
Housing 97 96 100
Transportation 95 92 100
Utilities 94 92 100

Morrilton Cost Of Living Compared To Arkansas Averages

Services
Morrilton 95
Arkansas avg 95
Groceries
Morrilton 95
Arkansas avg 93
Health
Morrilton 65
Arkansas avg 68
Housing
Morrilton 97
Arkansas avg 96
Transportation
Morrilton 95
Arkansas avg 92
Utilities
Morrilton 94
Arkansas avg 92

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Arkansas, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Morrilton, AR Housing Cost Breakdown

$163,946Median Home Value
$717Median Rent
$47,572Median Income

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 Morrilton is $163,946.

  • The Median Rent in Morrilton is $717.

  • The Median Income in Morrilton is $47,572.

  • The Home Value To Income in Morrilton is 3.4x.

  • The Rent To Monthly Income in Morrilton is 0.18x.

Statistic Morrilton Arkansas United States
Median Home Value $163,946 $222,050 $332,700
Median Rent $717 $947 $1,413
Median Income $47,572 $60,773 $80,734
Home Value To Income 3.4x 3.7x 4.1x
Rent To Monthly Income 0.18x 0.19x 0.21x

Morrilton, AR Costs By Category

Detailed Morrilton Services costs vs. Arkansas
Item Morrilton Arkansas
Shampoo $1.06 $1.28
Movie $12.3 $12.13
Bowling $13.83 $18
Haircut $18.22 $24.26
Beauty Salon $24.22 $45.56
Detailed Morrilton Groceries costs vs. Arkansas
Item Morrilton Arkansas
Ground Beef $6.05 $5.84
Fried Chicken $1.41 $1.57
Milk $4.49 $4.67
Potatoes $5.22 $4.93
Pizza $10.19 $12.09
Beer $9.93 $10.41
Toothpaste $3.67 $3.7
Detailed Morrilton Health costs vs. Arkansas
Item Morrilton Arkansas
Optometrist $92.22 $125.68
Doctor $99.44 $135.78
Dentist $87.02 $113.29
Detailed Morrilton Transportation costs vs. Arkansas
Item Morrilton Arkansas
Gasoline $3.07 $3.46
Tire Balancing $52.43 $59.92
Detailed Morrilton Utilities costs vs. Arkansas
Item Morrilton Arkansas
All Electricity $150.91 $193.99
Phone $202.72 $192.25

Morrilton SnackAbility

3Overall SnackAbility
Jobs 4/10
Housing 4/10
Affordability 6/10
Diversity 8.5/10
Safety 4/10
Amenities 7/10
Education 5/10
Commute 8.5/10

Cost Of Living In Cities Around Morrilton

The cost of living varies in the cities and towns around Morrilton. 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 Morrilton.

  • Conway, AR has a cost of living index of 96, 1.1x Morrilton.

  • North Little Rock, AR has a cost of living index of 89, 1.0x Morrilton.

City Population Cost Of Living Vs. Morrilton
Little Rock, AR 203,436 96 1.1x
Conway, AR 67,642 96 1.1x
North Little Rock, AR 64,538 89 1.0x
Benton, AR 36,595 91 1.0x
Sherwood, AR 33,070 94 1.1x
Jacksonville, AR 29,221 89 1.0x
Russellville, AR 29,162 89 1.0x
Cabot, AR 26,960 92 1.0x
Bryant, AR 21,504 92 1.0x
Maumelle, AR 19,373 101 1.1x