Cost of Living in Prairie Grove, AR

Population 7,445 · Arkansas · Data vintage 2023

73
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Prairie Grove 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.

Geographically, Prairie Grove lies roughly 85 miles east of the nearest major metro, Broken Arrow. Housing prices track closely with Broken Arrow's $229,000 median.

Cost Overview

Housing 74
Rent 71

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

About the Cost of Living in Prairie Grove

The median home value in Prairie Grove is $226,800 — 26% below the national median of $305,000. Median rent runs $933/month, 29% lower than the national median of $1,314/month. The median household income of $58,556/year is 21% lower than the US median of $74,580. The local unemployment rate is 3.1%, 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%. The climate averages highs of 69.3°F and lows of 45.6°F, with about 6.5" of annual snowfall. Overall, Prairie Grove has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.

🏠 Housing

Median Home Value
$226,800
26% below avg
Zillow Home Value
$312,776
Zillow ZHVI
Median Rent
$933/mo
29% below avg
Zillow Rent
$1,507/mo
Zillow ZORI
Price-to-Rent Ratio
20.3x
Favors renting
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 64.5%
Renter-occupied 35.5%

💰 Estimated Monthly Budget

Rent median rent
$933
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,547/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
30.6 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
82.1%
Carpooled
5.5%
Walked
1.2%
Work from home
10.8%

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
$58,556
21% below avg
Per Capita Income
$27,091
Unemployment Rate
3.1%
35% below avg
Poverty Rate
13.9%
Labor Force Participation
64.5%

🎓 Education

Bachelor's degree+ 15.6%
Graduate degree 4.9%

👥 Demographics

Median Age 32
Male median age 31.3
Female median age 32.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.3°F
Avg Low
45.6°F
Annual Precip
47"
Annual Snowfall
6.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 485261707785898982715950
Low °F 252936455463676557453528
Precip" 2.752.563.985.015.894.313.803.174.264.483.683.07
Snow" 1.52.41.30.00.00.00.00.00.00.00.21.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
72.6%
Good air days/yr
119
Max AQI recorded
42
PM2.5 days
323
Ozone days

Frequently Asked Questions

What is the cost of living in Prairie Grove, AR?

Prairie Grove has a cost index of 73 (100 = national average). It is 27% below the national average.

What is average rent in Prairie Grove, AR?

The median gross rent in Prairie Grove is $933 per month based on 2023 Census data.

What is the average home price in Prairie Grove?

The median home value in Prairie Grove is $226,800 according to Zillow and Census data.

What is the median income in Prairie Grove?

The median household income in Prairie Grove is $58,556 per year (2023 ACS 5-year estimates).

What is the sales tax in Prairie Grove, AR?

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

Is Prairie Grove, AR affordable?

Yes, Prairie Grove is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.

What is the weather like in Prairie Grove?

Prairie Grove has average high temperatures of 69.3°F and average lows of 45.6°F. Annual precipitation is 47". Average annual snowfall is 6.5". Data from NOAA 1991–2020 Climate Normals.

Prairie Grove at a Glance

Population
7,445
Median Income
$58,556
Home Value
$226,800
Median Rent
$933/mo
Unemployment
3.1%
Avg High Temp
69.3°F
Sales Tax
9.5%
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Explore county-level cost of living data

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