Cost of Living in St. Francis, AR

With a cost of living index of 54, St. Francis, AR is one of the most affordable cities in the country. Living here is 46% cheaper than the national average and 16% below the Arkansas state average of 70. St. Francis is a small community of 220 residents.

Housing costs are the biggest factor in St. Francis'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 $38,500 (87% below the national median of $304,900). At current prices, the median home costs roughly 1x the median household income — well within traditional affordability guidelines.

The median household income in St. Francis is $37,308, which is 50% 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.

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.