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Cost of Living in Cabot, AR

Population 26,960 · Census ACS 2020–2024 5-year estimates

Median rent$1,110
Median home value$207,300
Median household income$75,000

The median rent in Cabot, AR is $1,110/month, 17% higher than the Arkansas median and 21% lower than the U.S. median. The median home value is $207,300, 38% lower than the national median. Households earn a median of $75,000 a year, 23% higher than the state median.

Affordability

Rent as a share of median income: 17.8%
Income needed for median rent (30% rule): $44,400/yr
Home price-to-income ratio: 2.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,048/mo

Run your own numbers: mortgage calculator · hourly to salary

Cabot vs. Arkansas vs. U.S.

CabotArkansasU.S.
Median rent$1,110$947$1,413
Median home value$207,300$188,000$332,700
Median household income$75,000$60,773$80,734
Homeownership rate68.8%66.4%65.2%
Bachelor's degree or higher25.9%25.7%35.7%
Poverty rate11.2%16.0%12.5%
Unemployment rate3.3%4.9%5.2%
Work from home7.8%8.8%15.1%
Median age34.338.538.9

FAQ

What is the average rent in Cabot, AR?

The median gross rent in Cabot, AR is $1,110 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Cabot, AR?

Using the common 30% rule, renting a median-priced home takes about $44,400 a year in gross income.

Is Cabot, AR expensive to live in?

Rent there is 21% lower than the U.S. median, and the median home costs about 2.8 times the median household income.

Other cities in Arkansas

Little Rock, ARRent $1,106 · Income $63,003Fayetteville, ARRent $1,065 · Income $62,695Fort Smith, ARRent $884 · Income $54,816Springdale, ARRent $1,071 · Income $69,787Jonesboro, ARRent $956 · Income $55,424Rogers, ARRent $1,270 · Income $86,728

Cities with a similar cost of living

Clinton, MSRent $1,118 · Income $74,745Machesney Park, ILRent $1,102 · Income $75,489Bayou Cane, LARent $1,101 · Income $74,350Ozark, MORent $1,097 · Income $74,182Enterprise, ALRent $1,098 · Income $73,125Wade Hampton, SCRent $1,115 · Income $77,449

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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