Cost of Living in El Paso, AR
Population: 494 | Arkansas
El Paso is 18% less expensive than the national average.
Cost of Living in El Paso, AR: What You Need to Know
With a cost of living index of 82, El Paso, AR is a very affordable place to live. Living here is 18% cheaper than the national average and 12% above the Arkansas state average of 70. El Paso is a small community of 494 residents.
The median household income in El Paso is $58,529, which is 22% lower than the national median of $75,149. 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
- $58,529
- vs US Median ($75,149)
- -22%
Housing
- Median Home Value
- $134,900