Gravette, AR, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Gravette stands at 88, which is 12% below the national average of 100. This lower cost of living makes Gravette an attractive option for those seeking affordable housing and daily expenses. The housing index, at 78, is particularly favorable, providing a 22% reduction compared to the national average.
Gravette, Arkansas, offers a cost of living that is notably lower than the nationwide average. The cost of living index for the entire country is set at 100. In Gravette, the housing index stands at 78, which means housing costs are 22% lower than the national average. This makes it a more affordable option for those looking to buy or rent a home.
Additionally, the grocery index in Gravette is 92, which is 8% lower than the national average. Utilities are also slightly below the national average, with an index of 95, representing a 5% decrease. The cost of transportation in Gravette is 90, which is 10% lower than the national average. Healthcare costs are at 85, which is 15% lower, and miscellaneous expenses are at 88, which is 12% lower. Overall, Gravette provides a more affordable living experience in several key areas compared to the national average.