Van Buren, AR Cost Of Living
Cost Of Living In Van Buren, AR Summary
Cost of living in Van Buren 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 Van Buren 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 Van Buren is 83, with 100 being the average.
The cost of living index in Van Buren is 0.8x lower than the national average.
Van Buren ranks as the #28 cheapest in Arkansas out of 65.
Van Buren ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Van Buren is $132,900.
The median income in Van Buren is $51,561.
Table Of Contents
Van Buren's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Van Buren, AR?
According to the most recent data on the cost of living, Van Buren has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Van Buren has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Van Buren ranks as #28 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Van Buren ranks as the #37 most expensive place in the Natural State.
For more reading on life in Van Buren, check out:
- Living In Van Buren
- Van Buren Crime Report
- Search Homes For Sale In Van Buren, AR
In Arkansas
In America
Van Buren Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Van Buren. Here is how it fairs on each of the criteria:
The Services index in Van Buren is 87.
The Groceries index in Van Buren is 92.
The Health index in Van Buren is 79.
The Housing index in Van Buren is 63.
The Transportation index in Van Buren is 93.
The Utilities index in Van Buren is 94.
| Living Expense | Van Buren | Arkansas | National Average | |
|---|---|---|---|---|
| Overall | 83 | 90 | 100 | |
| Services | 87 | 98 | 100 | |
| Groceries | 92 | 94 | 100 | |
| Health | 79 | 85 | 100 | |
| Housing | 63 | 76 | 100 | |
| Transportation | 93 | 90 | 100 | |
| Utilities | 94 | 95 | 100 | |
Van Buren, 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 2017-2021. The key points are:
The Median Home Value in Van Buren is $132,900.
The Median Rent in Van Buren is $751.
The Median Income in Van Buren is $51,561.
The Home Value To Income in Van Buren is 2.6x.
The Rent To Monthly Income in Van Buren is 0.17x.
| Statistic | Van Buren | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $132,900 | $142,100 | $244,900 |
| Median Rent | $751 | $803 | $1,163 |
| Median Income | $51,561 | $52,123 | $69,021 |
| Home Value To Income | 2.6x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Van Buren, AR Costs By Category
Detailed Van Buren Services Costs Vs. Arkansas
Detailed Van Buren Groceries Costs Vs. Arkansas
Detailed Van Buren Health Costs Vs. Arkansas
Detailed Van Buren Transportation Costs Vs. Arkansas
Detailed Van Buren Utilities Costs Vs. Arkansas
Van Buren SnackAbility
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Cost Of Living In Cities Around Van Buren
The cost of living varies in the cities and towns around Van Buren. Here's a quick look at the cost of living in the most populous nearby places:
Fayetteville, AR has a cost of living index of 93, 1.1x Van Buren.
Fort Smith, AR has a cost of living index of 83, 1.0x Van Buren.
Tahlequah, OK has a cost of living index of 81, 1.0x Van Buren.
| City | Population | Cost Of Living | Vs. Van Buren |
|---|---|---|---|
| Fayetteville, AR | 92,070 | 93 | 1.1x |
| Fort Smith, AR | 89,116 | 83 | 1.0x |
| Tahlequah, OK | 16,213 | 81 | 1.0x |
| Greenwood, AR | 9,498 | 84 | 1.0x |
| Clarksville, AR | 9,444 | 78 | 0.9x |
| Poteau, OK | 8,741 | 76 | 0.9x |
| Sallisaw, OK | 8,503 | 78 | 0.9x |
| Farmington, AR | 7,601 | 90 | 1.1x |
| Alma, AR | 5,806 | 86 | 1.0x |
