City Comparison

Fort Smith vs Roanoke

Cost of Living Comparison · 2026

Fort Smith

Arkansas
77
Very Affordable
$155,000
Median Home
$775/mo
Median Rent
$45,200
Median Income

Roanoke

Virginia
81
Very Affordable
$225,000
Median Home
$1,075/mo
Median Rent
$52,700
Median Income

The Verdict

4.9%

The cost gap between these cities is 4.9%, with Fort Smith being the more affordable option. A $75,000 income in Fort Smith has equivalent purchasing power to $78,896 in Roanoke.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
49
Fort Smith
57
Roanoke
Groceries
92
Fort Smith
97
Roanoke
Utilities
95
Fort Smith
116
Roanoke
Transportation
90
Fort Smith
98
Roanoke
Healthcare
88
Fort Smith
91
Roanoke

Salary Equivalence

A $75,000 salary in Fort Smith has the same purchasing power as $78,896 in Roanoke.

Conversely, $75,000 in Roanoke equals $71,296 in Fort Smith.

Living in Fort Smith vs Roanoke

Housing Costs

Fort Smith's housing index of 49 is lower Roanoke's 57, translating to median home prices of $155,000 vs $225,000. The $70,000 difference in home prices means roughly $4,548 per year in additional mortgage costs at current rates. Renters face a similar gap: $775/mo in Fort Smith compared to $1,075/mo in Roanoke, a monthly difference of $300.

Grocery & Food Costs

Grocery expenses index at 92 in Fort Smith and 97 in Roanoke. A household spending the national average of $475/month on groceries would pay approximately $437/month in Fort Smith vs $461/month in Roanoke. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Fort Smith and 116 in Roanoke. Monthly utility bills average approximately $380 in Fort Smith vs $464 in Roanoke. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 88 in Fort Smith and 91 in Roanoke. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $45,200 in Fort Smith and $52,700 in Roanoke. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $58,701 and $65,062 respectively. Roanoke residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,055/month to housing in Fort Smith vs $1,230/month in Roanoke. In Fort Smith, median rent of $775/mo fits within this budget. In Roanoke, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 21 index points — focus your budget analysis there.

Frequently Asked Questions

Fort Smith is 4.9% more affordable overall with an index of 77 vs 81.
A $75,000 salary in Fort Smith has equivalent purchasing power to approximately $78,896 in Roanoke, based on the cost of living difference.
Fort Smith's housing index is 49 with median homes at $155,000, while Roanoke's is 57 with median homes at $225,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases