Cost of Living in Little Rock-North Little Rock-Conway, AR

How far does a $70,000 salary go in Little Rock-North Little Rock-Conway? Estimated income taxes on that gross salary total approximately $10,095 per year — combining federal taxes with Arkansas's state income tax. Subtract rent for a 2-bedroom apartment ($1,147/month based on HUD Fair Market Rents for the Little Rock-North Little Rock-Conway metro area) and the estimated annual take-home is $46,141, or roughly $3,845 per month for everything else: food, transportation, savings, and discretionary spending.

The Little Rock-North Little Rock-Conway metro has a cost of living index of 67.3 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 33% below the national average, Little Rock-North Little Rock-Conway is a genuinely affordable metro where everyday expenses stretch further than in most cities.

At a $70,000 salary, the estimated 2-bedroom rent in Little Rock-North Little Rock-Conway represents approximately 20% of gross income. That falls comfortably below the 30% rent-burden guideline, a healthy position for building savings.