Cost of living index

Fort Smith, AR

85.9 / 100

Living in Fort Smith, AR is 14.1% cheaper than the US average — the #367 of 387 highest nationally.

Median rent: $841/mo

Median home value: $160,100

Figures — including the cost index, median rent, and median home value — cover the wider Fort Smith, AR metropolitan area, not individual neighbourhoods or city boundaries.

Winter
54° / 32°F
(12° / 0°C)
9.1 in precip
Spring
74° / 50°F
(23° / 10°C)
14.4 in precip
Summer
92° / 70°F
(33° / 21°C)
11.6 in precip
Fall
75° / 51°F
(24° / 11°C)
12.3 in precip

30-year climate normals (1991–2020) from FT SMITH RGNL AP, via NOAA.

The Fort Smith, AR metro area has an overall price level of 85.9 compared with the national average of 100, meaning everyday costs run about 14.1% lower than a typical US metro. Housing tells the sharper story: at 53.4 it is 46.6% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Overall#367 of 387
85.9
Goods#374 of 387
93.6
Housing rents#365 of 387
53.4
Utilities#356 of 387
73.8
Other services#346 of 387
95.3

Fort Smith, AR is moved down the most by housing rents, at 53.4 vs a US average of 100, while the closest to average is other services.

Browse Arkansas →See the cheapest and most expensive US metros →

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Is Fort Smith, AR an expensive place to live?

Fort Smith, AR has an overall cost-of-living index of 85.9, where 100 is the US average. That makes it about 14.1% cheaper than the country as a whole.

Is housing expensive in Fort Smith, AR?

Housing rents in Fort Smith, AR score 53.4 against a US average of 100 — roughly 46.6% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Fort Smith, AR compare to the US average cost of living?

Overall prices in Fort Smith, AR sit at 85.9 versus 100 for the US average, with housing at 53.4. Figures come from the US Bureau of Economic Analysis for 2024.