Cost of Living in Quitman, AR
Population: 748 | Arkansas
Quitman is 40% less expensive than the national average.
Cost of Living in Quitman, AR: What You Need to Know
With a cost of living index of 60, Quitman, AR is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 10% below the Arkansas state average of 70. Quitman is a small community of 748 residents.
Housing costs are the biggest factor in Quitman's cost of living. The median monthly rent is $650 (51% below the US median of $1,319), and the median home value sits at $111,200 (64% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.
The median household income in Quitman is $37,067, which is 51% lower than the national median of $75,149. Residents spend roughly 21% 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.
Everyday prices in the Little Rock-North Little Rock-Conway, AR (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $37,067
- vs US Median ($75,149)
- -51%
Housing
- Median Rent
- $650/mo
- Median Home Value
- $111,200
- Median Monthly Housing Cost
- $759/mo
Everyday Prices in Quitman
BLS Average Prices for the Little Rock-North Little Rock-Conway, AR (Metropolitan Statistical Area) area