Cost of Living in Piney, AR

Population 4,485 · Arkansas · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Piney sits on the smaller end of the Arkansas city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Around 28% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Piney is about 45 miles west of Little Rock, the nearest large metro. Median home values run roughly 41% lower than Little Rock's $221,000.

Cost Overview

Housing 43
Rent 71

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

About the Cost of Living in Piney

The median home value in Piney is $131,300 — 57% below the national median of $305,000. Median rent runs $939/month, 29% lower than the national median of $1,314/month. The median household income of $49,002/year is 34% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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, Piney has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$131,300
57% below avg
Median Rent
$939/mo
29% below avg
Price-to-Rent Ratio
11.7x
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 46.6%
Renter-occupied 53.4%

💰 Estimated Monthly Budget

Rent median rent
$939
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,553/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
16.6 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.2%

Commute Mode

Drove alone
81.4%
Carpooled
6.0%
Walked
3.1%
Work from home
7.2%

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
$49,002
34% below avg
Per Capita Income
$23,150
Unemployment Rate
6.0%
24% above avg
Poverty Rate
28.1%
Labor Force Participation
69.0%

🎓 Education

Bachelor's degree+ 9.8%
Graduate degree 11.9%

👥 Demographics

Median Age 34.8
Male median age 32.5
Female median age 39.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
54.8%
Good air days/yr
67
Max AQI recorded
104
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Piney, AR?

Piney has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Piney, AR?

The median gross rent in Piney is $939 per month based on 2023 Census data.

What is the average home price in Piney?

The median home value in Piney is $131,300 according to 2023 Census ACS data.

What is the median income in Piney?

The median household income in Piney is $49,002 per year (2023 ACS 5-year estimates).

What is the sales tax in Piney, AR?

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

Is Piney, AR affordable?

Yes, Piney is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

Piney at a Glance

Population
4,485
Median Income
$49,002
Home Value
$131,300
Median Rent
$939/mo
Unemployment
6.0%
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

Explore county-level cost of living data

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