In June 2012 Kiplinger released its 10 Cheapest U.S. Cities to live in. Conway, Arkansas was ranked the 6th cheapest city to live in. According to the report Conway, Arkansas has a cost of living index of 86.2. The average home price in Conway is $230,199 which is $50,000 less than Little Rock. Other costs in Conway, especially health care and utilities are lower too. The City of Conway owns all of the utilities except for natural gas. Residents receive one bill for electric, garbage, water, sewer, phone, internet and cable. Residents report saving as much as $300 per month on their utility bill in Conway versus their previous residence.
Doctor are 15% lower than the national average and a dental checkup costs almost 25% less. Even a bottle of ibuprofen is priced $1.15 lower than you’d find elsewhere.