Cost of Living in Gravette, AR
Population 3,629 · Arkansas · Data vintage 2023
(100 = US avg)
Housing costs in Gravette stay well under national norms: a median home value of $189,000 against median household incomes of $65,014 gives the city one of the more comfortable price-to-income ratios in Arkansas.
Located 80 miles southwest of Springfield, Gravette is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 14% higher than Springfield's $165,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Gravette
The median home value in Gravette is $189,100 — 38% below the national median of $305,000. Median rent runs $1,028/month, 22% lower than the national median of $1,314/month. The median household income of $65,014/year is 13% lower than the US median of $74,580. The local unemployment rate is 3.2%, 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, Gravette has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.
Gravette 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 Gravette, AR?
Gravette has a cost index of 68 (100 = national average). It is 32% below the national average.
What is average rent in Gravette, AR?
The median gross rent in Gravette is $1,028 per month based on 2023 Census data.
What is the average home price in Gravette?
The median home value in Gravette is $189,100 according to Zillow and Census data.
What is the median income in Gravette?
The median household income in Gravette is $65,014 per year (2023 ACS 5-year estimates).
What is the sales tax in Gravette, AR?
The combined state and local sales tax rate in Gravette is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Gravette, AR affordable?
Yes, Gravette is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.
Gravette at a Glance
- Population
- 3,629
- Median Income
- $65,014
- Home Value
- $189,100
- Median Rent
- $1,028/mo
- Unemployment
- 3.2%
- Sales Tax
- 9.5%
Nearby Cities
Explore county-level cost of living data
Arkansas Rankings
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