Mountain Home, AR Cost Of Living
Cost Of Living In Mountain Home, AR Summary
Cost of living in Mountain Home 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 Mountain Home 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 Mountain Home is 85, with 100 being the average.
The cost of living index in Mountain Home is 0.8x lower than the national average.
Mountain Home ranks as the #24 cheapest in Arkansas out of 69.
Mountain Home ranks as the #511 cheapest out of 6,489 in the US.
The median home value in Mountain Home is $236,547.
The median income in Mountain Home is $42,103.
Table Of Contents
Mountain Home's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mountain Home, AR?
According to the most recent data on the cost of living, Mountain Home has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Mountain Home has a cost of living index that's 1.0x lower than Arkansas's index of 85.
The standard of living in Mountain Home ranks as #24 most affordable out of the 69 places we measured in Arkansas. By definition, that implies Mountain Home ranks as the #45 most expensive place in the Natural State.
For more reading on life in Mountain Home, check out:
In Arkansas
In America
Mountain Home Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Mountain Home. Here is how it fairs on each of the criteria:
The Services index in Mountain Home is 88.
The Groceries index in Mountain Home is 95.
The Health index in Mountain Home is 96.
The Housing index in Mountain Home is 73.
The Transportation index in Mountain Home is 88.
The Utilities index in Mountain Home is 79.
| Living Expense | Mountain Home | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 85 | 85 | 100 | |
| Services | 88 | 99 | 100 | |
| Groceries | 95 | 95 | 100 | |
| Health | 96 | 89 | 100 | |
| Housing | 73 | 65 | 100 | |
| Transportation | 88 | 90 | 100 | |
| Utilities | 79 | 93 | 100 | |
Mountain Home, 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 2019-2023. The key points are:
The Median Home Value in Mountain Home is $236,547.
The Median Rent in Mountain Home is $857.
The Median Income in Mountain Home is $42,103.
The Home Value To Income in Mountain Home is 5.6x.
The Rent To Monthly Income in Mountain Home is 0.24x.
| Statistic | Mountain Home | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $236,547 | $218,895 | $303,400 |
| Median Rent | $857 | $914 | $1,348 |
| Median Income | $42,103 | $58,773 | $78,538 |
| Home Value To Income | 5.6x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Mountain Home, AR Costs By Category
Detailed Mountain Home Services Costs Vs. Arkansas
| Item | Mountain Home | Arkansas |
|---|---|---|
| Shampoo | $1.43 | $1.28 |
| Movie | $11.45 | $12.13 |
| Bowling | $20.06 | $18 |
| Haircut | $20.9 | $24.26 |
| Beauty Salon | $43.4 | $45.56 |
Detailed Mountain Home Groceries Costs Vs. Arkansas
| Item | Mountain Home | Arkansas |
|---|---|---|
| Ground Beef | $5.93 | $5.84 |
| Fried Chicken | $1.37 | $1.57 |
| Milk | $4.65 | $4.67 |
| Potatoes | $4.78 | $4.93 |
| Pizza | $10.93 | $12.09 |
| Beer | $9.53 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
Detailed Mountain Home Health Costs Vs. Arkansas
| Item | Mountain Home | Arkansas |
|---|---|---|
| Optometrist | $87.72 | $125.68 |
| Doctor | $89.65 | $135.78 |
| Dentist | $114.22 | $113.29 |
Detailed Mountain Home Transportation Costs Vs. Arkansas
| Item | Mountain Home | Arkansas |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $45.32 | $59.92 |
Detailed Mountain Home Utilities Costs Vs. Arkansas
| Item | Mountain Home | Arkansas |
|---|---|---|
| All Electricity | $193.72 | $193.99 |
| Phone | $200.43 | $192.25 |
Mountain Home SnackAbility
/10
Cost Of Living In Cities Around Mountain Home
The cost of living varies in the cities and towns around Mountain Home. Here's a quick look at the cost of living in the most populous nearby places:
Harrison, AR has a cost of living index of 86, 1.0x Mountain Home.
West Plains, MO has a cost of living index of 81, 1.0x Mountain Home.
| City | Population | Cost Of Living | Vs. Mountain Home |
|---|---|---|---|
| Harrison, AR | 13,217 | 86 | 1.0x |
| West Plains, MO | 12,341 | 81 | 1.0x |
