CostIndexUSA

Des Moines, IA vs Little Rock, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IA
Des Moines
91.7
overall index
$1,250/mo rent
More AffordableAR
Little Rock
89.4
overall index
$1,200/mo rent

Little Rock is slightly cheaper than Des Moines — 2.5% lower overall cost of living.

To match an $80,000 salary in Des Moines, you would need $78,000 in Little Rock. Calculate your salary ↓

Category Breakdown

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

🏠 Housing19.4%
Des Moines
84.7
Little Rock
68.3
🛒 Groceries≈ Equal
Des Moines
93.7
Little Rock
93.6
🚗 Transportation+2.6%
Des Moines
97.6
Little Rock
100.1
🏥 Healthcare+2.5%
Des Moines
88.3
Little Rock
90.5
Utilities11.8%
Des Moines
84.6
Little Rock
74.6

Salary Equivalency Calculator

Enter your current salary in Des Moines to see what you'd need to earn in Little Rock to maintain the same purchasing power.

$
Equivalent salary in Little Rock, AR
$78,000
$2,000 less needed in Little Rock

Formula: salary × (89.4 ÷ 91.7) = salary × 0.9749. Based on BEA Regional Price Parities.

Housing Market

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Little Rock, AR

Median Home Price
$222,000
Median Monthly Rent
$1,200
Housing Index
68.3
Price-to-Rent Ratio
15.4×

Des Moines has 19.4% lower housing costs compared to Little Rock.

Income & Job Market

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

Little Rock, AR

Median Household Income
$66,200
Per Capita Income
$37,700
Unemployment Rate
3.4%
Population
202,591
Top Industries
GovernmentHealthcareRetailFinanceManufacturing

Affordability at a Glance

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

Des Moines, IA
5.5×income-to-rent ratio

82% of income left after rent (median)

Little Rock, AR
4.6×income-to-rent ratio

78% 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.