CostByCity

Cost of Living in Fort Smith, AR

2024 data from the Bureau of Economic Analysis

Cost Index
85.9
14.1% below avg
Housing Index
53.4
Median Income
$53,224
Median Rent
$791/mo

Cost Breakdown

Overall85.9 (-14.1%)
Housing53.4 (-46.6%)
Goods93.6 (-6.4%)
Utilities73.8 (-26.2%)
Other Services95.3 (-4.7%)

National average = 100

Income & Housing

Median Household Income
$53,224/year
Median Home Value
$146,600
Median Monthly Rent
$791/mo
Per Capita Income
$29,913/year

Compare Fort Smith, AR With

Frequently Asked Questions

Is Fort Smith, AR expensive to live in?
Fort Smith, AR has a cost of living index of 85.9, which is 14.1% below the national average.
How much does housing cost in Fort Smith, AR?
Housing costs in Fort Smith, AR are indexed at 53.4 compared to the national average of 100. The median monthly rent is $791.
What is the average income in Fort Smith, AR?
The median household income in Fort Smith, AR is $53,224 per year.
What is the average home price in Fort Smith, AR?
The median home value in Fort Smith, AR is $146,600.