Cost of Living in Fayetteville, AR
| Cost of Living in Fayetteville, AR | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 10% higher | 15% lower |
| Utilities (Monthly) | 9% higher | 0% |
| Food | 1% lower | 5% lower |
| Healthcare | 11% lower | 10% lower |
| Transportation | 0% | 7% lower |
| Goods & Services | 12% lower | 0% |
The cost of living in Fayetteville, AR is 2% lower than the state average and 6% lower than the national average. Fayetteville, AR housing is 15% cheaper than the U.S average, while utilities are about 0% . When it comes to basic necessities such as food and clothing, groceries are around 5% cheaper in Fayetteville, AR than in the rest of the country, while clothing costs around 0% .
Healthcare services such as doctor check-ups and dentistry cost 10% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 0% in Fayetteville, 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 Fayetteville is $1,422, while home prices circle around $442,499.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Fayetteville, energy bills cost around $196.25 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 Fayetteville, a dozen eggs go for around $2.97 and a pound of potatoes circles around $5.14.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Fayetteville, an optometry check-up costs around $121.33, while a dentist appointment is priced $89.67 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.90 in Fayetteville, while getting your tires balanced will run you about $67.56.
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 $32.81 here. Meanwhile, a pair of women's slacks will set you back around $37.69.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Fayetteville, you should budget around $12.63 a month. When it comes to personal services, a haircut usually goes for $26.28, while dry cleaning costs about $17.28.
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 Fayetteville, the median household income is $59,074.