Cost of Living in Oil Trough, AR
Population: 281 | Arkansas
Oil Trough is 22% less expensive than the national average.
Cost of Living in Oil Trough, AR: What You Need to Know
With a cost of living index of 78, Oil Trough, AR is a very affordable place to live. Living here is 22% cheaper than the national average and 8% above the Arkansas state average of 70. Oil Trough is a small community of 281 residents.
The median household income in Oil Trough is $37,778, which is 50% 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
- $37,778
- vs US Median ($75,149)
- -50%
Housing
- Median Home Value
- $84,000
- Median Monthly Housing Cost
- $563/mo