Cost of Living in Keo, AR

With a cost of living index of 84, Keo, AR is a very affordable place to live. Living here is 16% cheaper than the national average and 14% above the Arkansas state average of 70. Keo is a small community of 313 residents.

The median household income in Keo is $39,375, which is 48% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Little Rock-North Little Rock-Conway, 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.