Cost of Living in Armorel, AR
Population: 392 | Arkansas
Armorel is 14% less expensive than the national average.
Cost of Living in Armorel, AR: What You Need to Know
With a cost of living index of 86, Armorel, AR is a very affordable place to live. Living here is 14% cheaper than the national average and 16% above the Arkansas state average of 70. Armorel is a small community of 392 residents.
The median household income in Armorel is $147,750, which is 97% higher than the national median of $75,149.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $147,750
- vs US Median ($75,149)
- +97%
Housing
- Median Home Value
- $181,900
- Median Monthly Housing Cost
- $1,330/mo