Cost of Living in Reed, AR

With a cost of living index of 76, Reed, AR is a very affordable place to live. Living here is 24% cheaper than the national average and 6% above the Arkansas state average of 70. Reed is a small community of 140 residents.

The median household income in Reed is $25,833, which is 66% lower than the national median of $75,149. Residents spend roughly 31% 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.