Cost of Living in Pea Ridge, AR
Population 7,348 · Arkansas · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Pea Ridge a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $256,000. The labor market has been unusually tight, with unemployment around 2.6% — below most comparable cities in the state.
Located 70 miles southwest of Springfield, Pea Ridge is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 55% higher than Springfield's $165,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Pea Ridge
The median home value in Pea Ridge is $255,600 — 16% below the national median of $305,000. Median rent runs $1,395/month, 6% higher than the national median of $1,314/month. The median household income of $93,627/year is 26% higher than the US median of $74,580. The local unemployment rate is 2.6%, 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, Pea Ridge has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.
Pea Ridge 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 Pea Ridge, AR?
Pea Ridge has a cost index of 93 (100 = national average). It is 7% below the national average.
What is average rent in Pea Ridge, AR?
The median gross rent in Pea Ridge is $1,395 per month based on 2023 Census data.
What is the average home price in Pea Ridge?
The median home value in Pea Ridge is $255,600 according to Zillow and Census data.
What is the median income in Pea Ridge?
The median household income in Pea Ridge is $93,627 per year (2023 ACS 5-year estimates).
What is the sales tax in Pea Ridge, AR?
The combined state and local sales tax rate in Pea Ridge is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Pea Ridge, AR affordable?
Pea Ridge is near the national average in terms of cost of living, with an index of 93 (100 = US average).
Pea Ridge at a Glance
- Population
- 7,348
- Median Income
- $93,627
- Home Value
- $255,600
- Median Rent
- $1,395/mo
- Unemployment
- 2.6%
- Sales Tax
- 9.5%
Nearby Cities
Explore county-level cost of living data
Arkansas Rankings
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