Mount Ida's 2025 cost of living is $2227 per month for singles and $4904 per month for families of four.
Living costs in Mount Ida are 10% lower than the U.S. national average and 9% lower than Arkansas's state average.
This reflects a 1% increase from 2024.
The primary drivers of Mount Ida's cost of living are soaring housing costs, elevated transportation expenses, and rising food prices.
See how Mount Ida's cost of living affects your budget or salary needs with Salary.com's free Cost of Living Calculator.
Cost of Living Calculator
How does Mount Ida's cost of living compare to the national average in 2025?
Living in Mount Ida is less expensive than the national average,
with housing costs 19.0 % lower at $972
per month for a single person and $1783 per month for a family of four.
Food expenses run 11.3 %
below average at $355
monthly for an individual and $1154 for a family,
while energy, transportation and healthcare costs are 11.3 % lower at about $776 per month
for one person and $1730 for a household.
These costs bring the total monthly expenses to $2103
for a single person and $4667 for a family of four,
making Mount Ida one of America's least expensive cities.
How does the cost of living compare when moving from other major cities to Mount Ida?
Mount Ida's 2025 cost of living is 110% lower than San Francisco,
59% less than Washington, 30% below Miami
, 25% lower than Chicago, 70% less than Boston
, and 94% below New York.
Essential for evaluating relocation costs and salary needs in Mount Ida.
Mount Ida is a city in and county seat of Montgomery County, Arkansas, United States. Founded in 1842, the city saw a silver boom in the 1880s bring early prosperity and economic development to the area.
Mount Ida is located on the south bank of the South Fork Ouachita River. US Route 270 and Arkansas Highway 27 pass through the town. Mount Ida, the mountain, is about five miles southwest of the town along Route 27.
According to the United States Census Bureau, the city has a total area of 1.7 square miles (4.4 km2), of which 1.6 square miles (4.1 km2) is land and 0.04 square miles (0.10 km2) ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Comments about the cost of living in Mount Ida, AR
Healthcare access and affordability and your cost of living
Arkansas is ranked number 35 out of all states in overall healthcare access and affordability.
Healthcare costs make up a significant part of the cost of living. The ability to afford healthcare as well as the ability to access care are key indicators of how much you will be paying for this important resource if you move to another state. Affordability is generally measured by the rates set for insurance coverage in a state, as well as the out-of-pocket expenses that need to be paid by you when receiving the care. If rates or out-of-pocket expenses are high, your cost of living will increase. Access to healthcare is how easy or difficult it may be to receive the care. Access is measured by identifying barriers that might prevent the delivery of care such as the inability to obtain insurance coverage, having to travel long distances to health care centers and lack of sufficient facilities and/or healthcare professionals. The timeliness of care, how fast you can get to see a healthcare provider, is another important measure.
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Hot summers and the cost of living
Arkansas has one of the highest state-wide average temperatures during the summer months of June, July, and August. If you live in Arkansas, it is likely that your air conditioner will be running non-stop for most of the summer. This could contribute to higher energy costs during the summer based on your thermostat setting and preference for a cool indoor climate. A hot summer is usually followed by cooler temperatures during the winter months when heating expenses may be low. Because the cost of living is linked to energy costs, expect an increase in those costs during the summer months if you live in Arkansas. (2025-07-24salary.com)
Cost of Living Frequently Asked Questions
What is a Cost of Living index and how is it used?
In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family.
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What factors are included in estimating your cost of living?
The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison.
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The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly.
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Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.
Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.