Cost of living in Osceola 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 Osceola 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 Osceola is 82, with 100 being the average.
The cost of living index in Osceola is 0.8x lower than the national average.
Osceola ranks as the #14 cheapest in Arkansas out of 69.
Osceola ranks as the #221 cheapest out of 6,489 in the US.
The median home value in Osceola is $135,732.
The median income in Osceola is $40,783.
According to the most recent data on the cost of living, Osceola has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Osceola has a cost of living index that's 1.0x lower than Arkansas's index of 85.
The standard of living in Osceola ranks as #14 most affordable out of the 69 places we measured in Arkansas. By definition, that implies Osceola ranks as the #55 most expensive place in the Natural State.
For more reading on life in Osceola, check out:
Six factors go into calculating the cost of living index in Osceola. Here is how it fairs on each of the criteria:
The Services index in Osceola is 94.
The Groceries index in Osceola is 101.
The Health index in Osceola is 89.
The Housing index in Osceola is 54.
The Transportation index in Osceola is 90.
The Utilities index in Osceola is 88.
| Living Expense | Osceola | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 82 | 85 | 100 | |
| Services | 94 | 99 | 100 | |
| Groceries | 101 | 95 | 100 | |
| Health | 89 | 89 | 100 | |
| Housing | 54 | 65 | 100 | |
| Transportation | 90 | 90 | 100 | |
| Utilities | 88 | 93 | 100 | |
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 Osceola is $135,732.
The Median Rent in Osceola is $832.
The Median Income in Osceola is $40,783.
The Home Value To Income in Osceola is 3.3x.
The Rent To Monthly Income in Osceola is 0.24x.
The cost of living varies in the cities and towns around Osceola. Here's a quick look at the cost of living in the most populous nearby places:
Jonesboro, AR has a cost of living index of 91, 1.1x Osceola.
Bartlett, TN has a cost of living index of 99, 1.2x Osceola.
Collierville, TN has a cost of living index of 114, 1.4x Osceola.
| City | Population | Cost Of Living | Vs. Osceola |
|---|---|---|---|
| Jonesboro, AR | 79,187 | 91 | 1.1x |
| Bartlett, TN | 56,998 | 99 | 1.2x |
| Collierville, TN | 51,212 | 114 | 1.4x |
| Germantown, TN | 40,812 | 115 | 1.4x |
| Paragould, AR | 29,940 | 86 | 1.0x |
| Arlington, TN | 14,989 | 110 | 1.3x |
| Millington, TN | 11,117 | 89 | 1.1x |
| Atoka, TN | 10,237 | 101 | 1.2x |
| Oakland, TN | 9,544 | 101 | 1.2x |
| Munford, TN | 6,459 | 98 | 1.2x |