Cost of Living in Conway, AR
| Cost of Living in Conway, AR | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 5% lower | 24% lower |
| Utilities (Monthly) | 13% lower | 16% lower |
| Food | 0% | 5% lower |
| Healthcare | 10% lower | 20% lower |
| Transportation | 7% lower | 13% lower |
| Goods & Services | 14% lower | 12% lower |
The cost of living in Conway, AR is 9% lower than the state average and 15% lower than the national average. Conway, AR housing is 24% cheaper than the U.S average, while utilities are about 16% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 5% cheaper in Conway, AR than in the rest of the country, while clothing costs around 12% less .
Healthcare services such as doctor check-ups and dentistry cost 20% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 12% cheaper in Conway, AR.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Conway is $974, while home prices circle around $439,333.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Conway, energy bills cost around $149.47 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.51 in Conway, a dozen eggs go for around $4.05 and a pound of potatoes circles around $5.46.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Conway, an optometry check-up costs around $99.33, while a dentist appointment is priced $83.75 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.89 in Conway, while getting your tires balanced will run you about $53.75.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $32.74 here. Meanwhile, a pair of women's slacks will set you back around $31.57.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Conway, you should budget around $10.75 a month. When it comes to personal services, a haircut usually goes for $22.74, while dry cleaning costs about $13.41.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Conway, the median household income is $58,461.