Cost of Living in Paris, AR

Population 3,287 · Arkansas · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Paris a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $113,000.

Paris lies roughly 85 miles west of the nearest major metro, Little Rock — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 49% lower than Little Rock's $221,000.

Cost Overview

Housing 37
Rent 54

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

About the Cost of Living in Paris

The median home value in Paris is $112,700 — 63% below the national median of $305,000. Median rent runs $706/month, 46% lower than the national median of $1,314/month. The median household income of $48,789/year is 35% lower than the US median of $74,580. The local unemployment rate is 5.2%, 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, Paris has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$112,700
63% below avg
Zillow Home Value
$1,648,960
Zillow ZHVI
Median Rent
$706/mo
46% below avg
Price-to-Rent Ratio
13.3x
Favors buying
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 70.3%
Renter-occupied 29.7%

💰 Estimated Monthly Budget

Rent median rent
$706
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,320/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
24.1 min
11% below avg
Gas Price
$3.145/gal
0% below avg
0

Commute Mode

Drove alone
79.3%
Carpooled
9.6%
Walked
3.9%
Bicycle
0.9%

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
$48,789
35% below avg
Per Capita Income
$38,105
Unemployment Rate
5.2%
9% above avg
Poverty Rate
18.4%
Labor Force Participation
61.4%

🎓 Education

Bachelor's degree+ 13.1%
Graduate degree 4.1%

👥 Demographics

Median Age 45.2
Male median age 42.1
Female median age 47.1

Frequently Asked Questions

What is the cost of living in Paris, AR?

Paris has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in Paris, AR?

The median gross rent in Paris is $706 per month based on 2023 Census data.

What is the average home price in Paris?

The median home value in Paris is $112,700 according to Zillow and Census data.

What is the median income in Paris?

The median household income in Paris is $48,789 per year (2023 ACS 5-year estimates).

What is the sales tax in Paris, AR?

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

Is Paris, AR affordable?

Yes, Paris is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

Paris at a Glance

Population
3,287
Median Income
$48,789
Home Value
$112,700
Median Rent
$706/mo
Unemployment
5.2%
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

Explore county-level cost of living data

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