Cabot, AR

Very Low · 69

Arkansas · Population 26,733 · Updated March 2026

$974
Median Rent / Month
$72,656
Median Income
$197,000
Median Home Value
$1,114
Owner Costs / Month

Affordability

How far your income goes in Cabot

16.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Arkansas

State-level tax rates that affect your costs

4.4%
Income Tax (Top Rate)
6.5%
Sales Tax
0.62%
Property Tax Rate

Estimated Annual Costs

$11,688
Annual Rent
$3,197
State Income Tax
$1,221
Property Tax (est.)

Cost of Living Overview

Cabot is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 69 (where 100 equals the national median), Cabot residents can expect to pay median rent of $974/month while earning a median household income of $72,656/year.

The median home value in Cabot, AR is $197,000, with typical monthly owner costs around $1,114 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Arkansas has a moderate income tax rate of 4.4%. Combined with a 6.5% sales tax rate and 0.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in Cabot.

Frequently Asked Questions

Common questions about living costs in Cabot

What is the cost of living in Cabot, AR?
The cost of living index in Cabot, AR is 69 (US average = 100). Median monthly rent is $974, median household income is $72,656/year, and the median home value is $197,000.
Is Cabot, AR affordable?
Yes, Cabot is more affordable than the national average with a cost index of 69. The rent-to-income ratio is 16.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Cabot, AR?
The median gross rent in Cabot, AR is $974 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,688.
What is the median household income in Cabot?
The median household income in Cabot, AR is $72,656 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Arkansas?
Arkansas has a top income tax rate of 4.4%, a sales tax of 6.5%, and an effective property tax rate of 0.62%.