City Comparison

Great Falls vs Little Rock

Cost of Living Comparison · 2026

Great Falls

Montana
88
Below Average
$325,000
Median Home
$1,050/mo
Median Rent
$55,800
Median Income

Little Rock

Arkansas
84
Very Affordable
$170,000
Median Home
$950/mo
Median Rent
$47,638
Median Income

The Verdict

4.8%

Little Rock is 4.8% less expensive than Great Falls overall. A household earning $75,000 in Great Falls would need approximately $71,591 in Little Rock to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
82
Great Falls
62
Little Rock
Groceries
99
Great Falls
94
Little Rock
Utilities
90
Great Falls
88
Little Rock
Transportation
95
Great Falls
98
Little Rock
Healthcare
92
Great Falls
90
Little Rock

Salary Equivalence

A $75,000 salary in Great Falls has the same purchasing power as $71,591 in Little Rock.

Conversely, $75,000 in Little Rock equals $78,571 in Great Falls.

Living in Great Falls vs Little Rock

Housing Costs

Great Falls's housing index of 82 is higher Little Rock's 62, translating to median home prices of $325,000 vs $170,000. The $155,000 difference in home prices means roughly $10,080 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,050/mo in Great Falls compared to $950/mo in Little Rock, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 99 in Great Falls and 94 in Little Rock. A household spending the national average of $475/month on groceries would pay approximately $470/month in Great Falls vs $447/month in Little Rock. 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 90 in Great Falls and 88 in Little Rock. Monthly utility bills average approximately $360 in Great Falls vs $352 in Little Rock. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 92 in Great Falls and 90 in Little Rock. 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 $55,800 in Great Falls and $47,638 in Little Rock. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,409 and $56,712 respectively. Great Falls residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,302/month to housing in Great Falls vs $1,112/month in Little Rock. In Great Falls, median rent of $1,050/mo fits within this budget. In Little Rock, median rent of $950/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 20 index points — focus your budget analysis there.

Frequently Asked Questions

Little Rock is 4.8% more affordable overall with an index of 84 vs 88.
A $75,000 salary in Great Falls has equivalent purchasing power to approximately $71,591 in Little Rock, based on the cost of living difference.
Great Falls's housing index is 82 with median homes at $325,000, while Little Rock's is 62 with median homes at $170,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases