Clarksville, AR, shows a cost of living index that is notably lower than the nationwide average. The overall cost of living index for Clarksville stands at 86, which is 14% lower than the national average of 100. This lower index indicates that residents can expect to pay less for most goods and services, making Clarksville a potentially attractive location for cost-conscious individuals and families. Specific areas such as housing and miscellaneous expenses reflect this lower index, with housing costs at 75 and miscellaneous expenses at 80, both below the national average. However, utility costs are slightly above average at 95, suggesting that while most living expenses are lower, not all categories benefit equally from the reduced cost of living.
Clarksville, AR presents a more affordable living experience compared to the nationwide average cost of living index, which is set at 100. In Clarksville, housing costs are notably lower, with an index of 75, meaning housing expenses are 25% cheaper than the national average. This decrease in housing costs can be particularly attractive for individuals or families seeking to maximize their budget.
When looking at other essential living expenses, Clarksville also shows a favorable comparison. Groceries in Clarksville have an index of 90, indicating that they are 10% less expensive than the average. Utilities and transportation mirror this trend with indices of 95 and 85, respectively, offering savings of 5% and 15% compared to the national averages. Healthcare costs remain on par with the nationwide average, with an index of 100. Miscellaneous costs, with an index of 80, present a 20% reduction, further enhancing Clarksville's appeal as a cost-effective place to live. This overall lower cost of living makes Clarksville an attractive option for those looking to stretch their dollars further.
