CostIndexUSA

Austin, TX vs Fort Smith, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Austin
98.1
overall index
$1,550/mo rent
More AffordableAR
Fort Smith
85.9
overall index
$1,025/mo rent

Fort Smith is moderately cheaper than Austin — 12.4% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $70,000 in Fort Smith. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing55.6%
Austin
120.4
Fort Smith
53.4
🛒 Groceries≈ Equal
Austin
93.8
Fort Smith
93.6
🚗 Transportation1.0%
Austin
101.1
Fort Smith
100.1
🏥 Healthcare0.9%
Austin
91.4
Fort Smith
90.6
Utilities10.0%
Austin
82
Fort Smith
73.8

Salary Equivalency Calculator

Enter your current salary in Austin to see what you'd need to earn in Fort Smith to maintain the same purchasing power.

$
Equivalent salary in Fort Smith, AR
$70,000
$10,000 less needed in Fort Smith

Formula: salary × (85.9 ÷ 98.1) = salary × 0.8756. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Fort Smith, AR

Median Home Price
$195,000
Median Monthly Rent
$1,025
Housing Index
53.4
Price-to-Rent Ratio
15.9×

Austin has 55.6% lower housing costs compared to Fort Smith.

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

Fort Smith, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
3.8%
Population
88,037
Top Industries
ManufacturingHealthcareRetailGovernmentFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Austin, TX
5.3×income-to-rent ratio

81% of income left after rent (median)

Fort Smith, AR
4.8×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.