Cost of Living in Hope, AR
Overall index: 55 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Overall
55
↓ -45% vs US
Cost Breakdown by Category
Housing
25
↓ -75% vs US
$544 Median rent (1BR)
Transportation
101
↔ +1% vs US
$3.50 Gas price (gal)
Food
59
↓ -41% vs US
$242 Groceries / month
Utilities
63
↓ -37% vs US
$45 Utilities / month
Healthcare
63
↓ -37% vs US
$33 Doctor visit
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 25 | -75% | $544 |
| Transportation | 101 | +1% | $3.50 |
| Food | 59 | -41% | $242 |
| Utilities | 63 | -37% | $45 |
| Healthcare | 63 | -37% | $33 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Hope?
A single adult living comfortably in Hope, AR needs approximately $19,250 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Hope, AR?
The overall cost of living in Hope, AR is 45% lower than the US national average (index: 55 where 100 = national average).
How much is rent in Hope, AR?
Average rent for a 1-bedroom apartment in Hope, AR is about $544/month.
Is Hope, AR expensive to live in?
No, Hope, AR is affordable (below national average).
What salary do I need to live in Hope, AR?
A single adult needs roughly $19,250/year to cover basic living costs in Hope, AR.