Cost of Living in Alexander, AR
Population 3,488 · Arkansas · Data vintage 2023
(100 = US avg)
Buyers in Alexander can reasonably expect a home to cost less than three years of household income — $158,000 against $69,022 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. A poverty rate near 22% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Located 9 miles southwest of Little Rock, Alexander falls within that metro's commuting orbit. Median home values run roughly 29% lower than Little Rock's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Alexander
The median home value in Alexander is $157,700 — 48% below the national median of $305,000. Median rent runs $1,017/month, 23% lower than the national median of $1,314/month. The median household income of $69,022/year is 7% lower than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Arkansas's top state income tax rate is 4.4% and the combined sales tax is 9.5%. Overall, Alexander has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.
Alexander has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Alexander, AR?
Alexander has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Alexander, AR?
The median gross rent in Alexander is $1,017 per month based on 2023 Census data.
What is the average home price in Alexander?
The median home value in Alexander is $157,700 according to Zillow and Census data.
What is the median income in Alexander?
The median household income in Alexander is $69,022 per year (2023 ACS 5-year estimates).
What is the sales tax in Alexander, AR?
The combined state and local sales tax rate in Alexander is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Alexander, AR affordable?
Yes, Alexander is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
Alexander at a Glance
- Population
- 3,488
- Median Income
- $69,022
- Home Value
- $157,700
- Median Rent
- $1,017/mo
- Unemployment
- 5.5%
- Sales Tax
- 9.5%
Nearby Cities
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Arkansas Rankings
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