City Comparison

Fort Smith vs Springfield

Cost of Living Comparison · 2026

Fort Smith

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

Springfield

Missouri
84
Very Affordable
$225,000
Median Home
$950/mo
Median Rent
$46,000
Median Income

The Verdict

8.3%

Fort Smith is 8.3% less expensive than Springfield overall. A household earning $75,000 in Fort Smith would need approximately $81,818 in Springfield to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
49
Fort Smith
67
Springfield
Groceries
92
Fort Smith
94
Springfield
Utilities
95
Fort Smith
79
Springfield
Transportation
90
Fort Smith
90
Springfield
Healthcare
88
Fort Smith
116
Springfield

Salary Equivalence

A $75,000 salary in Fort Smith has the same purchasing power as $81,818 in Springfield.

Conversely, $75,000 in Springfield equals $68,750 in Fort Smith.

Living in Fort Smith vs Springfield

Housing Costs

Fort Smith's housing index of 49 is lower Springfield's 67, 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 $950/mo in Springfield, a monthly difference of $175.

Grocery & Food Costs

Grocery expenses index at 92 in Fort Smith and 94 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $437/month in Fort Smith vs $447/month in Springfield. 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 79 in Springfield. Monthly utility bills average approximately $380 in Fort Smith vs $316 in Springfield. 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 116 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 28-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $45,200 in Fort Smith and $46,000 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $58,701 and $54,762 respectively. Fort Smith residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,055/month to housing in Fort Smith vs $1,073/month in Springfield. In Fort Smith, median rent of $775/mo fits within this budget. In Springfield, median rent of $950/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 28 index points — focus your budget analysis there.

Frequently Asked Questions

Fort Smith is 8.3% more affordable overall with an index of 77 vs 84.
A $75,000 salary in Fort Smith has equivalent purchasing power to approximately $81,818 in Springfield, based on the cost of living difference.
Fort Smith's housing index is 49 with median homes at $155,000, while Springfield's is 67 with median homes at $225,000.

Moving & Relocation Resources

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