What is the Average Cost of living in Arkansas per month/year?

The average cost of living in Arkansas is higher than in most of the surrounding states, but it is below the national average. Rent and utilities are lower. For example, an apartment would cost about $475 a month and utilities would be around $86. An annual income of $42,900 would have the same buying power as $50,000 in Sacramento. The average cost of a house is $120,000 while property tax and auto insurance are both lower.