Trumann, AR Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Trumann, AR Summary

Cost of living in Trumann research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Trumann is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Arkansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Trumann is 80, with 100 being the average.

  • The cost of living index in Trumann is 0.8x lower than the national average.

  • Trumann ranks as the #13 cheapest in Arkansas out of 65.

  • Trumann ranks as the #211 cheapest out of 6,412 in the US.

  • The median home value in Trumann is $96,200.

  • The median income in Trumann is $37,711.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
80
Trumann's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Trumann, AR?

According to the most recent data on the cost of living, Trumann has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.

Compared to Arkansas, Trumann has a cost of living index that's 0.9x lower than Arkansas's index of 90.

The standard of living in Trumann ranks as #13 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Trumann ranks as the #52 most expensive place in the Natural State.

For more reading on life in Trumann, check out:

13 out of 65
In Arkansas
211 out of 6,412
In America

Trumann Cost Of Living Vs. Arkansas

Six factors go into calculating the cost of living index in Trumann. Here is how it fairs on each of the criteria:

  • The Services index in Trumann is 101.

  • The Groceries index in Trumann is 89.

  • The Health index in Trumann is 90.

  • The Housing index in Trumann is 47.

  • The Transportation index in Trumann is 89.

  • The Utilities index in Trumann is 86.

Living Expense Trumann Arkansas National Average
Overall 80 90 100
Services 101 98 100
Groceries 89 94 100
Health 90 85 100
Housing 47 76 100
Transportation 89 90 100
Utilities 86 95 100
For more reading on cost of living around Arkansas, check out:
Trumann Cost of Living Vs. AR

Trumann, AR Housing Cost Breakdown

Housing swings affordability the most between places in Arkansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Trumann is $96,200.

  • The Median Rent in Trumann is $657.

  • The Median Income in Trumann is $37,711.

  • The Home Value To Income in Trumann is 2.6x.

  • The Rent To Monthly Income in Trumann is 0.21x.

Statistic Trumann Arkansas United States
Median Home Value $96,200 $142,100 $244,900
Median Rent $657 $803 $1,163
Median Income $37,711 $52,123 $69,021
Home Value To Income 2.6x 2.7x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x
Search Homes For Sale In Trumann, AR
$96,200
Median Home Value
$657
Median Rent
$37,711
Median Income

Trumann, AR Costs By Category

Detailed Trumann Services Costs Vs. Arkansas

Item Trumann Arkansas
Shampoo $1.0 $1.06
Movie $9.83 $10.68
Bowling $12.67 $14.67
Haircut $16.61 $18.62
Beauty Salon $24.56 $39.05

Detailed Trumann Groceries Costs Vs. Arkansas

Item Trumann Arkansas
Ground Beef $3.85 $4.22
Fried Chicken $1.21 $1.39
Milk $1.13 $2.05
Potatoes $2.92 $3.29
Pizza $9.26 $10.62
Beer $8.95 $9.38
Toothpaste $1.85 $2.34

Detailed Trumann Health Costs Vs. Arkansas

Item Trumann Arkansas
Optometrist $94.44 $108.57
Doctor $106.1 $116.17
Dentist $91.17 $99.13

Detailed Trumann Transportation Costs Vs. Arkansas

Item Trumann Arkansas
Gasoline $1.98 $2.22
Tire Balancing $42.31 $50.07

Detailed Trumann Utilities Costs Vs. Arkansas

Item Trumann Arkansas
All Electricity $121.97 $167.67
Phone $196.55 $175.64

Trumann SnackAbility

4
/10
Overall SnackAbility
Jobs
8/10
Housing
4
Affordability
8
Diversity
7
Safety
3
Amenities
8
Education
4
Commute
8.5

Cost Of Living In Cities Around Trumann

The cost of living varies in the cities and towns around Trumann. Here's a quick look at the cost of living in the most populous nearby places:

  • Jonesboro, AR has a cost of living index of 87, 1.1x Trumann.

  • Bartlett, TN has a cost of living index of 93, 1.2x Trumann.

  • Paragould, AR has a cost of living index of 86, 1.1x Trumann.

City Population Cost Of Living Vs. Trumann
Jonesboro, AR 77,520 87 1.1x
Bartlett, TN 57,639 93 1.2x
Paragould, AR 29,327 86 1.1x
Marion, AR 13,624 85 1.1x
Blytheville, AR 13,559 82 1.0x
Millington, TN 10,583 83 1.0x
Atoka, TN 9,863 95 1.2x
Wynne, AR 8,352 81 1.0x
Pocahontas, AR 7,269 81 1.0x
Munford, TN 6,269 87 1.1x

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