Cost of Living in Okolona, AR
Population: 317 | Arkansas
Okolona is 22% less expensive than the national average.
Cost of Living in Okolona, AR: What You Need to Know
With a cost of living index of 78, Okolona, 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. Okolona is a small community of 317 residents.
The median household income in Okolona is $60,000, which is 20% 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
- $60,000
- vs US Median ($75,149)
- -20%
Housing
- Median Home Value
- $83,700
- Median Monthly Housing Cost
- $781/mo