CostIndexUSA

Champaign, IL vs Fort Smith, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Champaign
92.7
overall index
$1,275/mo rent
More AffordableAR
Fort Smith
85.9
overall index
$1,025/mo rent

Fort Smith is moderately cheaper than Champaign — 7.3% lower overall cost of living.

To match an $80,000 salary in Champaign, you would need $74,100 in Fort Smith. Calculate your salary ↓

Category Breakdown

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

🏠 Housing25.4%
Champaign
71.6
Fort Smith
53.4
🛒 Groceries≈ Equal
Champaign
93.6
Fort Smith
93.6
🚗 Transportation4.3%
Champaign
104.6
Fort Smith
100.1
🏥 Healthcare4.2%
Champaign
94.6
Fort Smith
90.6
Utilities18.5%
Champaign
90.5
Fort Smith
73.8

Salary Equivalency Calculator

Enter your current salary in Champaign to see what you'd need to earn in Fort Smith to maintain the same purchasing power.

$
Equivalent salary in Fort Smith, AR
$74,100
$5,900 less needed in Fort Smith

Formula: salary × (85.9 ÷ 92.7) = salary × 0.9266. Based on BEA Regional Price Parities.

Housing Market

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

Fort Smith, AR

Median Home Price
$195,000
Median Monthly Rent
$1,025
Housing Index
53.4
Price-to-Rent Ratio
15.9×

Champaign has 25.4% lower housing costs compared to Fort Smith.

Income & Job Market

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

Fort Smith, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
3.8%
Population
88,037
Top Industries
ManufacturingHealthcareRetailGovernmentFinance

Affordability at a Glance

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

Champaign, IL
4.1×income-to-rent ratio

75% of income left after rent (median)

Fort Smith, AR
4.8×income-to-rent ratio

79% 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.