Cost of Living in Conway, AR
|Cost of Living in Conway, AR||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||7% lower||26% lower|
|Utilities (Monthly)||5% lower||6% lower|
|Food||4% lower||9% lower|
|Transportation||4% lower||9% lower|
|Goods & Services||18% lower||16% lower|
The cost of living in Conway, AR is 9% lower than the state average and 16% lower than the national average. Conway, AR housing is 26% cheaper than the U.S average, while utilities are about 6% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 16% less in Conway, AR than in the rest of the country, while clothing costs around 16% less .
Healthcare services such as doctor check-ups and dentistry cost 16% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 16% 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 $848, while home prices circle around $367,067.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Conway, energy bills cost around $154.52 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 $2.88 in Conway, a dozen eggs go for around $2.66 and a pound of potatoes circles around $3.47.
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 $97.98, while a dentist appointment is priced $83.33 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.38 in Conway, while getting your tires balanced will run you about $52.66.
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 $31.87 here. Meanwhile, a pair of women's slacks will set you back around $33.28.
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 $11.50 a month. When it comes to personal services, a haircut usually goes for $21.16, while dry cleaning costs about $12.25.
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 $48,104.