Cost of Living in Bentonville, AR

Population 56,326 · Arkansas · Data vintage 2023

111
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Bentonville cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $371,000, rents near $1,238 a month. An unemployment rate of 2.7% points to a labor market well on the tight side of the national distribution.

Bentonville lies roughly 80 miles southwest of the nearest major metro, Springfield — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 124% higher than Springfield's $165,000.

Cost Overview

Housing 122
Rent 94

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bentonville

The median home value in Bentonville is $370,700 — 22% above the national median of $305,000. Median rent runs $1,238/month, 6% lower than the national median of $1,314/month. The median household income of $108,465/year is 45% higher than the US median of $74,580. The local unemployment rate is 2.7%, below 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, Bentonville has a cost of living index of 111 versus the US average of 100, meaning it is 11% more expensive.

🏠 Housing

Median Home Value
$370,700
22% above avg
Zillow Home Value
$482,174
Zillow ZHVI
Median Rent
$1,238/mo
6% below avg
Zillow Rent
$1,566/mo
Zillow ZORI
Price-to-Rent Ratio
25.0x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$638
1 BR
$684
2 BR
$848
3 BR
$1,151
4 BR
$1,256
Owner-occupied 50.4%
Renter-occupied 49.6%

💰 Estimated Monthly Budget

Rent median rent
$1,238
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,852/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.3 min
25% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.3%

Commute Mode

Drove alone
69.7%
Carpooled
7.6%
Public transit
0.1%
Walked
2.0%
Bicycle
0.7%
Work from home
19.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.4%
Total Sales Tax 9.5%
State rate 6.5%
Avg local rate 3.0%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$108,465
45% above avg
Per Capita Income
$55,695
Unemployment Rate
2.7%
45% below avg
Poverty Rate
6.3%
Labor Force Participation
74.6%

🎓 Education

Bachelor's degree+ 30.4%
Graduate degree 23.3%

👥 Demographics

Median Age 31.9
Male median age 30.9
Female median age 32.6

Frequently Asked Questions

What is the cost of living in Bentonville, AR?

Bentonville has a cost index of 111 (100 = national average). It is 11% above the national average.

What is average rent in Bentonville, AR?

The median gross rent in Bentonville is $1,238 per month based on 2023 Census data.

What is the average home price in Bentonville?

The median home value in Bentonville is $370,700 according to Zillow and Census data.

What is the median income in Bentonville?

The median household income in Bentonville is $108,465 per year (2023 ACS 5-year estimates).

What is the sales tax in Bentonville, AR?

The combined state and local sales tax rate in Bentonville is 9.5%. The Arkansas state income tax top rate is 4.4%.

Is Bentonville, AR affordable?

Bentonville is above average in cost of living, with an index of 111 — about 11% higher than the national average.

Bentonville at a Glance

Population
56,326
Median Income
$108,465
Home Value
$370,700
Median Rent
$1,238/mo
Unemployment
2.7%
Sales Tax
9.5%
View all cities in Arkansas →
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Explore county-level cost of living data

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