Ashdown cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAshdownArkansasNational
Cost of living index8484100
IndexAshdownArkansasNational
Goods & Services index10993100
Groceries index9693100
Health care index9488100
Housing index4965100
Transportation index8989100
Utilities index8297100
Displayed above is a general overview of the Ashdown, AR cost of living index. The overall cost of living index in Ashdown, AR is 84, which is equal to the Arkansas average and 16% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Ashdown, AR are 18% higher than the Arkansas average and 9% higher than the national average.

Did you know?

  • The cost of living in Ashdown is equal to the Arkansas average.
  • The cost of living in Ashdown is 16% lower than the national average.
  • The cost of housing in Ashdown is 51% lower than the national average.
  • Arkansas general sales tax is 28% higher than the national average.
  • Arkansas state income tax is 60% lower than the national average.

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Compare Ashdown, AR Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Ashdown, AR to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Ashdown, AR, you have to earn a higher income in order to still have the same standard of living. To operate the Ashdown, AR salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,341$4,195$1,175$1,510
Renters$17,295$1,441$404$519
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Ashdown, AR, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Ashdown, AR homeowners have a median income of $50,341. Using that number, you will come up with a maximum of $1,175 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $17,295, which means there is a maximum of $404 to be spent on the costs of renting a home or apartment.

Arkansas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Arkansas6.5%11.625%

Arkansas Income Tax

StateIncome Tax (Low)Income Tax (High)
Arkansas0.9%6.9%
When assessing the complete cost of living in Ashdown, AR, the Arkansas income tax and the Arkansas sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Arkansas maximum surtax is 11.625%, and the Arkansas sales tax is 6.5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0.9% to 6.9% in Arkansas.

Goods & Services

ItemAshdownNational avg.Difference
Haircut $12.88$15.5617.3%
Beauty Salon $39.13$36.118.4%
Toothpaste $1.67$2.4732.4%
Shampoo $0.75$0.9622.7%
Movie $9.38$10.137.3%
Bowling $3.92$4.7417.2%

Groceries

ItemAshdownNational avg.Difference
Ground Beef $3.34$3.9816.2%
Fried Chicken $1.30$1.417.7%
Milk $1.94$2.065.8%
Potatoes $3.17$2.986.3%
Pizza $9.84$9.473.9%
Beer $8.96$8.791.9%

Health Care

ItemAshdownNational avg.Difference
Optometrist $69.40$101.0431.3%
Doctor $91.93$107.4414.4%
Dentist $91.11$90.420.8%
Ibuprofen $8.42$9.289.3%
Lipitor $427.12$426.500.1%

Housing

ItemAshdownNational avg.Difference
Home Price $79,000.00$175,700.0055.0%
Avg. Mortgage Payment $868.90$1,133.2323.3%
Apartment Rent $534.00$920.0042.0%

Transportation

ItemAshdownNational avg.Difference
Gasoline $1.82$1.998.6%
Tire Balancing $38.52$45.7615.8%

Utilities

ItemAshdownNational avg.Difference
All Electricity$127.80$163.8122.0%
Phone $24.95$28.3912.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Wilton, AR49878-22%
Ogden, AR17380-20%
Ben Lomond, AR13981-19%
Winthrop, AR13982-18%
Yarborough Landing, AR51182-18%
Ashdown, AR4,61184-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Fountain Hill, PA4,6101033%
Exton, PA4,60913434%
Negaunee, MI4,60885-15%
Jackson, CA4,61611414%
DeWitt, MI4,60698-2%
Ashdown, AR4,61184-16%
Source: The Ashdown, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.