Cost of Living in Marion, AR
Cost of Living in Marion, AR has an overall index of 81, 19% below the U.S. baseline of 100. The typical home value is $206,300; typical monthly rent is $1,058; and median household income is $80,637.
Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.
Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.
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Frequently asked questions about Marion
Living in Marion
Is Marion, AR an affordable place to live?+
Yes — everyday expenses in Marion run about 19% below the US average (Cost Index: 81). Housing is especially affordable: the median home is valued around $206,300, compared to the $303,400 national median. Monthly rent is $1,058, versus $1,348 nationally.
How does Marion fit a household housing budget?+
Start with housing. Typical monthly rent is $1,058, while local median household income is $80,637. That implies a rent-burden proxy of about 16% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Marion, AR?+
Arkansas uses an approximate state-income-tax planning model; 4.4% is top marginal-rate context from the tax snapshot. Applying the 0.62% state-level effective owner-occupied proxy to a home worth $206,300 gives a planning estimate near $1,279 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 9.47%.
How much does it cost to rent in Marion, AR?+
The typical monthly rent in Marion is around $1,058. That's roughly 22% lower than the $1,348 national median. For comparison, the median home value here is $206,300, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Marion, AR?+
The typical home value in Marion is $206,300. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,001/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 70% of residents here own their homes.
Are groceries and utilities expensive in Marion?+
Grocery prices in Marion are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 74). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is Marion, AR like to live in?+
Marion is a small town with a population of about 13,641. The median age of residents is 34.6, which is close to the national median. The local poverty rate is 8.13%, near the national average of 12.4%.