The cost of living index in West Memphis, AR, is notably lower than the nationwide average. Housing costs in West Memphis stand at 76, which is 24% below the national average. Other categories, like groceries and healthcare, also tend to be more affordable, with indexes of 92 and 94, respectively. These figures make West Memphis an attractive location for those seeking to minimize living expenses while maintaining a decent quality of life.
West Memphis, AR, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Specifically, housing costs in West Memphis are 24% lower than the national average, with an index value of 76. This means that housing expenses in this area are more affordable, making it a budget-friendly option for those considering relocation.
Other areas such as groceries, utilities, and transportation also reflect a lower cost of living compared to the national index. Groceries cost about 8% less in West Memphis, with an index value of 92. Utilities, while slightly above average, are still more affordable with an index value of 95. Transportation costs are 12% lower than the national average, with an index value of 88. These factors together make West Memphis an attractive place for those seeking a lower cost of living without compromising too much on everyday expenses.