Cost of Living in Cushman, AR
Population: 456 | Arkansas
Cushman is 45% less expensive than the national average.
Cost of Living in Cushman, AR: What You Need to Know
With a cost of living index of 55, Cushman, AR is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 16% below the Arkansas state average of 70. Cushman is a small community of 456 residents.
Housing costs are the biggest factor in Cushman's cost of living. The median monthly rent is $464 (65% below the US median of $1,319), and the median home value sits at $115,700 (62% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.
The median household income in Cushman is $42,411, which is 44% lower than the national median of $75,149. Residents spend roughly 13% 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
- $42,411
- vs US Median ($75,149)
- -44%
Housing
- Median Rent
- $464/mo
- Median Home Value
- $115,700
- Median Monthly Housing Cost
- $477/mo