CostIndexUSA

Erie, PA vs Fayetteville, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostPA
Erie
91
overall index
$1,075/mo rent
AR
Fayetteville
91.4
overall index
$1,575/mo rent

Erie and Fayetteville have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+35.4%
Erie
56.8
Fayetteville
76.9
🛒 Groceries7.1%
Erie
100.7
Fayetteville
93.6
🚗 Transportation2.4%
Erie
102.6
Fayetteville
100.1
🏥 Healthcare2.5%
Erie
92.8
Fayetteville
90.5
Utilities29.7%
Erie
106.8
Fayetteville
75.1

Salary Equivalency Calculator

Enter your current salary in Erie to see what you'd need to earn in Fayetteville to maintain the same purchasing power.

$
Equivalent salary in Fayetteville, AR
$80,400
$400 more needed in Fayetteville

Formula: salary × (91.4 ÷ 91) = salary × 1.0044. Based on BEA Regional Price Parities.

Housing Market

Erie, PA

Median Home Price
$209,000
Median Monthly Rent
$1,075
Housing Index
56.8
Price-to-Rent Ratio
16.2×

Fayetteville, AR

Median Home Price
$358,000
Median Monthly Rent
$1,575
Housing Index
76.9
Price-to-Rent Ratio
18.9×

Fayetteville has 35.4% higher housing costs compared to Erie.

Income & Job Market

Erie, PA

Median Household Income
$60,700
Per Capita Income
$34,600
Unemployment Rate
3.8%
Population
94,831
Top Industries
ManufacturingHealthcareEducationTechnologyRetail

Fayetteville, AR

Median Household Income
$77,700
Per Capita Income
$44,300
Unemployment Rate
3.5%
Population
93,949
Top Industries
EducationHealthcareTechnologyRetailManufacturing

Affordability at a Glance

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

Erie, PA
4.7×income-to-rent ratio

79% of income left after rent (median)

Fayetteville, AR
4.1×income-to-rent ratio

76% 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.