Cost of LivingUpdated 2026-03-23

Fort Smith, Arkansas

In Fort Smith, Arkansas, a gallon of regular gas costs $3.40 as of 2026-03-23 — $0.05 below the national average of $3.45. The average monthly rent for all unit types is $900, compared to the national average of $1,900. Grocery inflation is running at 2.58% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Fort Smith's cost-of-living index of 75 puts it below the national average of 100.

Key Numbers

Gas (Regular)

$3.40

National: $3.45

7.1%vs. 2022
AAA Gas Prices

Avg Rent (All)

$900

National: $1,900

14.0%vs. 2022

Grocery Inflation

2.58%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$10.75

Combo meal

3.2%YoY

Electricity

11.8¢/kWh

~$106/mo avg bill

27.2%vs national avg
EIA Residential

Car Insurance

$173/mo

$2,080/yr state avg

3.3%vs national avg
Bankrate/NAIC

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Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.50$1.77$2.24$3.38$1.86+2960.0%
Milk (gallon)$2.89$3.06$3.06$3.15$3.25+630.0%
Ground Beef (lb)$3.43$4.34$4.56$4.88$5.08+48.1%
Bread (loaf)$1.89$2.58$2.79$2.99$3.05+1900.0%
Chicken Breast (lb)$3.30$3.53$3.64$3.64$3.64+2630.0%
Butter (lb)$3.65$4.13$4.34$4.56$4.65+27.4%
Bacon (lb)$5.42$5.80$6.09$6.27$6.46+19.2%
Cheddar Cheese (lb)$4.84$5.27$5.54$5.76$5.76+19.0%
Pasta (lb)$1.28$1.56$1.64$1.67$1.69+32.0%
Rice (5 lb)$3.72$4.28$4.50$4.64$4.78+28.5%
Coffee (12 oz)$7.24$8.51$9.10$9.65$10.04+38.7%
Orange Juice (64 oz)Citrus shortage$3.40$4.01$4.46$4.73$4.92+44.7%
Potatoes (5 lb)$3.37$3.54$3.68$3.71$3.75+11.3%
Apples (3 lb)$3.91$4.11$4.23$4.36$4.40+12.5%
Tomatoes (lb)$1.91$2.10$2.23$2.34$2.36+23.6%
Lettuce (head)$1.56$1.70$1.84$1.89$1.95+25.0%
Cooking Oil (48 oz)$4.64$5.74$6.26$6.51$6.71+44.6%
Yogurt (32 oz)$3.72$3.98$4.10$4.18$4.26+14.5%
Cereal (family size)$4.29$4.88$5.27$5.54$5.71+33.1%
Frozen Pizza$5.44$6.66$7.12$7.40$7.55+38.8%

Dining & Restaurants

Fast Food Meal

$10.75

Casual Dining

$14.50

Monthly Spend

$249.6

+3.18% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $4.54

$7.33

+61.5%

Wendy's

2022: $5.13

$7.92

+54.4%

Chipotle

2022: $5.50

$8.21

+49.3%

Starbucks

2022: $2.71

$3.77

+39.1%

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Average 1BR: $702/mo · 2BR: $1,062/mo

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