Cost of Living in Nashville, AR
Population 4,114 · Arkansas · Data vintage 2023
(100 = US avg)
Household incomes in Nashville run well below national norms — a median of $39,207 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $138,000). Around 25% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Geographically, Nashville lies roughly 100 miles southwest of the nearest major metro, Little Rock. Median home values run roughly 37% lower than Little Rock's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Nashville
The median home value in Nashville is $138,400 — 55% below the national median of $305,000. Median rent runs $698/month, 47% lower than the national median of $1,314/month. The median household income of $39,207/year is 47% lower than the US median of $74,580. The local unemployment rate is 9.0%, 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, Nashville has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.
Nashville 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 Nashville, AR?
Nashville has a cost index of 48 (100 = national average). It is 52% below the national average.
What is average rent in Nashville, AR?
The median gross rent in Nashville is $698 per month based on 2023 Census data.
What is the average home price in Nashville?
The median home value in Nashville is $138,400 according to Zillow and Census data.
What is the median income in Nashville?
The median household income in Nashville is $39,207 per year (2023 ACS 5-year estimates).
What is the sales tax in Nashville, AR?
The combined state and local sales tax rate in Nashville is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Nashville, AR affordable?
Yes, Nashville is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.
Nashville at a Glance
- Population
- 4,114
- Median Income
- $39,207
- Home Value
- $138,400
- Median Rent
- $698/mo
- Unemployment
- 9.0%
- Sales Tax
- 9.5%
Explore county-level cost of living data
Arkansas Rankings
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