Little Rock vs Mesa: Cost of Living Comparison

How does the cost of living in Little Rock, Arkansas compare to Mesa, Arizona? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.

Summary: Little Rock is the more affordable city overall. Housing costs are 37% lower in Little Rock compared to Mesa, while rent is 26% lower. State income tax is 4.4% in AR vs 2.5% in AZ.

MetricLittle Rock, ARMesa, AZDiff
Housing
Median Home Value$205,800$327,700-37.2%
Median Monthly Rent$1,006$1,352-25.6%
Income
Median Household Income$58,697$73,766-20.4%
Per Capita Income$42,616$37,197+14.6%
Taxes
State Income Tax Rate4.4%2.5%+76.0%
Combined Sales Tax9.4%8.4%+12.9%
Demographics
Population202,218503,390-59.8%

Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).

Rent vs. Buy Calculator — Little Rock

Monthly Mortgage (P&I)
$1,028
Property Tax
$189/mo
Insurance
$60/mo
Total Monthly Cost to Own
$1,276
Renting saves $270/mo
Based on $1,006/mo rent vs $1,276/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Rent vs. Buy Calculator — Mesa

Monthly Mortgage (P&I)
$1,636
Property Tax
$300/mo
Insurance
$96/mo
Total Monthly Cost to Own
$2,032
Renting saves $680/mo
Based on $1,352/mo rent vs $2,032/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Key Takeaways

Methodology

This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).

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