Cost of Living in Bentonville, AR

With a cost of living index of 100, Bentonville, AR is right around the national average in cost. Living here is 0% cheaper than the national average and 30% above the Arkansas state average of 70. With a population of 56,326, Bentonville is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Bentonville's cost of living. The median monthly rent is $1,238 (6% below the US median of $1,319), and the median home value sits at $370,700 (22% above the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Bentonville is $108,465, which is 44% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Fayetteville-Springdale-Rogers, AR (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.