Caraway is located in Arkansas and has an overall cost of living that is -28% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Caraway.

Housing: Median rent in Caraway is $442.20 / month, and the median home price is $147,342. Housing costs are -72% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.79), milk ($4.39), and eggs ($4.34) reflect the local grocery landscape. Overall grocery costs are -7% vs the national average.

Healthcare: Medical costs include doctor visits ($133.06), dentist visits ($106.89), and prescription drugs ($19.26). These costs should be factored into your monthly budget when planning a move.

Arkansas has a state income tax rate of 4.4%, which affects take-home pay for Caraway residents.

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Caraway, Arkansas Cost of Living FAQ

Common questions about living costs in Caraway.

Caraway, Arkansas has an overall cost of living that is -28% the national average. Housing costs are -72% vs the national average. Grocery prices are -7% vs average. Utilities are -1% vs average. This makes Caraway a very affordable place to live.

The median rent in Caraway, Arkansas is $442.20 / month. Average energy bills run $218.15 / month. Phone bills average $194.61 / month. Housing is typically the largest expense for residents.

Healthcare costs in Caraway: doctor's visit averages $133.06, dentist visit averages $106.89, prescription drugs average $19.26. Overall healthcare expenses in the area are influenced by the -7% grocery cost difference.

Caraway is one of 94 cities tracked in Arkansas. With an overall cost -28% vs the national average, it is more affordable than many other cities in the state. Visit our Arkansas state page to compare all cities side-by-side and find the best fit for your budget.

Caraway offers cost of living -28% compared to the national average. Key factors to consider: median home price of $147,342, rent of $442.20 / month, and a state income tax of 4.4% in Arkansas. Explore our detailed cost breakdown above to see if Caraway fits your budget.