Cost of living in Melbourne, AR

Melbourne is a Census city in Izard County, AR. ACS 2024 5-year population is 2,263. Median gross rent is $601 (ACS 2024 5-year, this place). Median home value is $172,800. Median household income is $39,469. Insurance is the NAIC state average; food is a USDA plan — no town indexes.