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Cost of Living in Success, AR (72470)

Quick Financial Snapshot

Hourly Living Wage$15.88 / hrBased on 2,080 hrs/yr
Target 50/30/20 Salary$66,048 / yrTo live comfortably
Family of 4 Monthly Cost$5,418 / mo2.0x single adult baseline

Executive Financial Report: Success (72470)

Evaluating relocation options in Clay? The financial baseline for residing in Success, AR (72470) indicates that a single adult needs roughly $2,752 monthly to cover basic survival expenses.

With typical rent and housing utilities averaging an affordable $493 per month—just 18% of baseline expenses—Success offers exceptionally competitive shelter costs compared to wider metropolitan averages across Arkansas.

To maintain sustainable financial health in Success (72470) using the popular 50/30/20 budgeting framework, your essential living expenses ($2,752/month) should not exceed 50% of your net take-home pay. Consequently, an individual needs a target gross annual salary of approximately $66,048 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 $15.88/hour just to meet basic survival costs.

For a family of four (2 adults and 2 children), basic monthly expenditures in Success increase to $5,418 per month ($65,016/year)—approximately 2.0x 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 $52,047, local wages provide a 1.58x coverage ratio relative to single-adult baseline expenses.

Transportation costs average $944/month (34% of budget), while essential healthcare premiums demand $404/month. Direct tax liabilities consume $420 monthly (15% of spending). Factoring state income tax brackets into compensation negotiations is recommended. Overall, living in Success (72470) requires balancing real estate trends with local earnings.

Cost Comparison: Success (72470) vs. Arkansas Average

Direct monthly cost comparison for a single adult baseline against the statewide average across all AR counties.

Expense CategorySuccess (72470)AR State AverageDifference
Housing & Rent$493/mo$506/mo-3%
Food & Groceries$229/mo$251/mo-9%
Transportation$944/mo$925/mo+2%
Healthcare$404/mo$402/moEqual
Direct Taxes$420/mo$427/mo-2%
Total Monthly Baseline$2,752/mo$2,786/mo-1%

* Statewide benchmarks are calculated from weighted county-level cost of living data across Arkansas.

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Total Monthly Cost$2,752Est. $33,024 / year
Housing / Rent$49317.9% of monthly budget
Food & Groceries$229Essential food benchmarks
Area Median Income$52,047Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$493
Food$229
Transportation$944
Healthcare$404
Taxes$420
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Frequently Asked Questions

Living Cost FAQs for Success (72470)

Q: What is the minimum hourly living wage required in Success, AR (72470)?

To cover essential living costs without financial distress, a full-time worker (2,080 hours/year) in Success (72470) requires a minimum hourly living wage of $15.88/hour.

Q: How much salary do I need to live comfortably in Success (72470)?

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 $66,048 to live comfortably in Success (72470).

Q: What is the monthly cost of living for a family of four in Success (72470)?

Estimated baseline monthly living expenses for a family of four (2 adults, 2 children) in Success (72470) are $5,418 per month ($65,016 per year).