Cost of Living in Ozark Acres, AR
Population: 664 | Arkansas
Ozark Acres is 35% less expensive than the national average.
Cost of Living in Ozark Acres, AR: What You Need to Know
With a cost of living index of 65, Ozark Acres, AR is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 5% below the Arkansas state average of 70. Ozark Acres is a small community of 664 residents.
Housing costs are the biggest factor in Ozark Acres's cost of living. The median monthly rent is $947 (28% below the US median of $1,319), and the median home value sits at $66,800 (78% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.
The median household income in Ozark Acres is $32,422, which is 57% lower than the national median of $75,149. Residents spend roughly 35% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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
- $32,422
- vs US Median ($75,149)
- -57%
Housing
- Median Rent
- $947/mo
- Median Home Value
- $66,800
- Median Monthly Housing Cost
- $557/mo