Cost of Living in Montrose, AR
Population: 190 | Arkansas
Montrose is 24% less expensive than the national average.
Cost of Living in Montrose, AR: What You Need to Know
With a cost of living index of 76, Montrose, AR is a very affordable place to live. Living here is 24% cheaper than the national average and 6% above the Arkansas state average of 70. Montrose is a small community of 190 residents.
The median household income in Montrose is $36,875, which is 51% 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
- $36,875
- vs US Median ($75,149)
- -51%
Housing
- Median Home Value
- $60,000
- Median Monthly Housing Cost
- $378/mo