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Cost of Living in Bentonville, AR (72712)

Quick Financial Snapshot

Hourly Living Wage$16.94 / hrBased on 2,080 hrs/yr
Target 50/30/20 Salary$70,464 / yrTo live comfortably
Family of 4 Monthly Cost$6,455 / mo2.2x single adult baseline

Executive Financial Report: Bentonville (72712)

Navigating the local economic landscape in Bentonville (72712) reveals an average baseline monthly living cost of approximately $2,936 for a single adult. This comprehensive benchmark reflects essential housing, nutrition, tax, and medical commitments.

With typical rent and housing utilities averaging an affordable $623 per month—just 21% of baseline expenses—Bentonville offers exceptionally competitive shelter costs compared to wider metropolitan averages across Arkansas.

To maintain sustainable financial health in Bentonville (72712) using the popular 50/30/20 budgeting framework, your essential living expenses ($2,936/month) should not exceed 50% of your net take-home pay. Consequently, an individual needs a target gross annual salary of approximately $70,464 to cover necessities while building savings. On an hourly basis, working a standard 2,080-hour work year requires a minimum hourly living wage of $16.94/hour just to meet basic survival costs.

For a family of four (2 adults and 2 children), basic monthly expenditures in Bentonville increase to $6,455 per month ($77,460/year)—approximately 2.2x higher than the single-adult baseline. Childcare premiums and multi-bedroom housing represent the largest contributors to this family budget increase. Compared against the area median family income of $79,191, local wages provide a 2.25x coverage ratio relative to single-adult baseline expenses.

Commuting and transit expenses average $878 monthly in 72712, coupled with $396 in healthcare baselines. Tax obligations consume $457 monthly. Local tax structures remain a steady consideration for financial planning. Use our interactive tools below to adjust these benchmarks for your specific situation.

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Total Monthly Cost$2,936Est. $35,230 / year
Housing / Rent$62321.2% of monthly budget
Food & Groceries$261Essential food benchmarks
Area Median Income$79,191Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$623
Food$261
Transportation$878
Healthcare$396
Taxes$457
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Frequently Asked Questions

Living Cost FAQs for Bentonville (72712)

Q: What is the minimum hourly living wage required in Bentonville, AR (72712)?

To cover essential living costs without financial distress, a full-time worker (2,080 hours/year) in Bentonville (72712) requires a minimum hourly living wage of $16.94/hour.

Q: How much salary do I need to live comfortably in Bentonville (72712)?

Following the 50/30/20 budgeting rule (where necessities consume 50% of net income), a single adult needs a target gross annual salary of roughly $70,464 to live comfortably in Bentonville (72712).

Q: What is the monthly cost of living for a family of four in Bentonville (72712)?

Estimated baseline monthly living expenses for a family of four (2 adults, 2 children) in Bentonville (72712) are $6,455 per month ($77,460 per year).