Cost of Living in Briarcliff, AR
Population: 231 | Arkansas
Briarcliff is 27% less expensive than the national average.
Cost of Living in Briarcliff, AR: What You Need to Know
With a cost of living index of 73, Briarcliff, AR is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and 3% above the Arkansas state average of 70. Briarcliff is a small community of 231 residents.
Housing costs are the biggest factor in Briarcliff's cost of living. The median monthly rent is $828 (37% below the US median of $1,319), and the median home value sits at $204,200 (33% below the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.
The median household income in Briarcliff is $51,000, which is 32% lower than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $51,000
- vs US Median ($75,149)
- -32%
Housing
- Median Rent
- $828/mo
- Median Home Value
- $204,200
- Median Monthly Housing Cost
- $813/mo