West Memphis, AR Cost Of Living

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

Cost of living in West Memphis, Arkansas

Cost of living in West Memphis 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 West Memphis 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:

85 Cost of living index 0.8x lower vs US
#21 Cheapest in Arkansas (of 70)
#362 Cheapest in the U.S. (of 6,489)
$131,756 Median home value
$870 Median rent
$42,674 Median income
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What is the cost of living in West Memphis, AR?

According to the most recent data on the cost of living, West Memphis has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Arkansas, West Memphis has a cost of living index that's 1.0x lower than Arkansas's index of 85.

The standard of living in West Memphis ranks as #21 most affordable out of the 70 places we measured in Arkansas. By definition, that implies West Memphis ranks as the #49 most expensive place in the Natural State.

For more reading on life in West Memphis, check out:

West Memphis Cost Of Living Vs. Arkansas

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

  • The Services index in West Memphis is 102.

  • The Groceries index in West Memphis is 98.

  • The Health index in West Memphis is 53.

  • The Housing index in West Memphis is 103.

  • The Transportation index in West Memphis is 100.

  • The Utilities index in West Memphis is 103.

Living Expense West Memphis Arkansas National Average
Overall 85 85 100
Services 102 95 100
Groceries 98 93 100
Health 53 68 100
Housing 103 96 100
Transportation 100 92 100
Utilities 103 92 100

West Memphis Cost Of Living Compared To Arkansas Averages

Services
West Memphis 102
Arkansas avg 95
Groceries
West Memphis 98
Arkansas avg 93
Health
West Memphis 53
Arkansas avg 68
Housing
West Memphis 103
Arkansas avg 96
Transportation
West Memphis 100
Arkansas avg 92
Utilities
West Memphis 103
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

West Memphis, AR Housing Cost Breakdown

$131,756Median Home Value
$870Median Rent
$42,674Median 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 West Memphis is $131,756.

  • The Median Rent in West Memphis is $870.

  • The Median Income in West Memphis is $42,674.

  • The Home Value To Income in West Memphis is 3.1x.

  • The Rent To Monthly Income in West Memphis is 0.24x.

Statistic West Memphis Arkansas United States
Median Home Value $131,756 $222,050 $332,700
Median Rent $870 $947 $1,413
Median Income $42,674 $60,773 $80,734
Home Value To Income 3.1x 3.7x 4.1x
Rent To Monthly Income 0.24x 0.19x 0.21x

West Memphis, AR Costs By Category

Detailed West Memphis Services costs vs. Arkansas
Item West Memphis Arkansas
Shampoo $1.11 $1.28
Movie $11.99 $12.13
Bowling $13.75 $18
Haircut $26.94 $24.26
Beauty Salon $41.92 $45.56
Detailed West Memphis Groceries costs vs. Arkansas
Item West Memphis Arkansas
Ground Beef $6.1 $5.84
Fried Chicken $1.46 $1.57
Milk $4.71 $4.67
Potatoes $5.15 $4.93
Pizza $10.66 $12.09
Beer $9.95 $10.41
Toothpaste $3.62 $3.7
Detailed West Memphis Health costs vs. Arkansas
Item West Memphis Arkansas
Optometrist $77.39 $125.68
Doctor $124.94 $135.78
Dentist $91.51 $113.29
Detailed West Memphis Transportation costs vs. Arkansas
Item West Memphis Arkansas
Gasoline $3.14 $3.46
Tire Balancing $55.67 $59.92
Detailed West Memphis Utilities costs vs. Arkansas
Item West Memphis Arkansas
All Electricity $163.38 $193.99
Phone $192.72 $192.25

West Memphis SnackAbility

2Overall SnackAbility
Jobs 3/10
Housing 4/10
Affordability 6/10
Diversity 8.5/10
Safety 2/10
Amenities 8/10
Education 5/10
Commute 9/10

Cost Of Living In Cities Around West Memphis

The cost of living varies in the cities and towns around West Memphis. Here's a quick look at the cost of living in the most populous nearby places:

  • Memphis, TN has a cost of living index of 93, 1.1x West Memphis.

  • Bartlett, TN has a cost of living index of 102, 1.2x West Memphis.

  • Southaven, MS has a cost of living index of 95, 1.1x West Memphis.

City Population Cost Of Living Vs. West Memphis
Memphis, TN 618,980 93 1.1x
Bartlett, TN 56,876 102 1.2x
Southaven, MS 56,226 95 1.1x
Collierville, TN 51,515 118 1.4x
Olive Branch, MS 47,019 103 1.2x
Germantown, TN 40,673 121 1.4x
Horn Lake, MS 26,647 89 1.0x
Arlington, TN 15,205 115 1.4x
Marion, AR 13,623 97 1.1x
Atoka, TN 10,385 103 1.2x