Cost of Living in Mountain View, AR

With a cost of living index of 57, Mountain View, AR is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 13% below the Arkansas state average of 70. Mountain View is a small community of 2,890 residents.

Housing costs are the biggest factor in Mountain View's cost of living. The median monthly rent is $316 (76% below the US median of $1,319), and the median home value sits at $200,600 (34% below the national median of $304,900). At current prices, the median home costs roughly 7.4x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Mountain View is $27,228, which is 64% lower than the national median of $75,149. Residents spend roughly 14% 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.