Cost of Living in Salesville, AR
Population: 498 | Arkansas
Salesville is 29% less expensive than the national average.
Cost of Living in Salesville, AR: What You Need to Know
With a cost of living index of 71, Salesville, AR is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and in line with the Arkansas state average. Salesville is a small community of 498 residents.
Housing costs are the biggest factor in Salesville's cost of living. The median monthly rent is $1,025 (22% below the US median of $1,319), and the median home value sits at $105,400 (65% 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 Salesville is $49,063, which is 35% lower than the national median of $75,149. Residents spend roughly 25% 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.
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
- $49,063
- vs US Median ($75,149)
- -35%
Housing
- Median Rent
- $1,025/mo
- Median Home Value
- $105,400
- Median Monthly Housing Cost
- $482/mo