Cost of Living in Western Grove, AR
Population: 424 | Arkansas
Western Grove is 40% less expensive than the national average.
Cost of Living in Western Grove, AR: What You Need to Know
With a cost of living index of 60, Western Grove, AR is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 11% below the Arkansas state average of 70. Western Grove is a small community of 424 residents.
Housing costs are the biggest factor in Western Grove's cost of living. The median monthly rent is $575 (56% below the US median of $1,319), and the median home value sits at $136,800 (55% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.
The median household income in Western Grove is $40,625, which is 46% lower than the national median of $75,149. Residents spend roughly 17% 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
- $40,625
- vs US Median ($75,149)
- -46%
Housing
- Median Rent
- $575/mo
- Median Home Value
- $136,800
- Median Monthly Housing Cost
- $521/mo