Cave Springs, AR Cost Of Living

Cave Springs 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.
Index	Cave Springs	Arkansas	National
Cost of living index	103	84	100
Index	Cave Springs	Arkansas	National
Goods & Services index	98	92	100
Groceries index	93	91	100
Health care index	88	88	100
Housing index	123	65	100
Transportation index	85	87	100
Utilities index	95	97	100

Did you know?

The cost of living in Cave Springs is 23% higher than the Arkansas average.
The cost of living in Cave Springs is 3% higher than the national average.
The cost of housing in Cave Springs is 23% higher 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$95,093	$7,924	$2,219	$2,853
Renters	$58,750	$4,896	$1,371	$1,763

Arkansas Sales Tax

State	General Sales Tax	With Max Surtax
Arkansas	6.5%	11.625%

Arkansas Income Tax

State	Income Tax (Low)	Income Tax (High)
Arkansas	0.9%	6.9%

Goods & Services

Item	Cave Springs	National avg.	Difference
Haircut	$15.94	$16.09	0.9%
Beauty Salon	$24.78	$37.33	33.6%
Toothpaste	$2.45	$2.45	0.0%
Shampoo	$0.99	$1.00	0.7%
Movie	$9.89	$10.28	3.8%
Bowling	$6.50	$4.93	31.8%

Groceries

Item	Cave Springs	National avg.	Difference
Ground Beef	$3.36	$3.80	11.7%
Fried Chicken	$1.41	$1.40	1.2%
Milk	$1.91	$2.01	5.0%
Potatoes	$3.41	$3.01	13.1%
Pizza	$10.39	$9.89	5.1%
Beer	$8.62	$8.90	3.1%

Health Care

Item	Cave Springs	National avg.	Difference
Optometrist	$85.33	$102.16	16.5%
Doctor	$91.83	$108.36	15.3%
Dentist	$78.83	$92.53	14.8%
Ibuprofen	$7.97	$9.28	14.1%
Lipitor	$432.03	$425.82	1.5%

Housing

Item	Cave Springs	National avg.	Difference
Home Price	$236,100.00	$184,700.00	27.8%
Avg. Mortgage Payment	$952.30	$1,202.44	20.8%
Apartment Rent	$1,072.00	$949.00	13.0%

Transportation

Item	Cave Springs	National avg.	Difference
Gasoline	$1.99	$2.24	11.2%
Tire Balancing	$36.00	$46.29	22.2%

Utilities

Item	Cave Springs	National avg.	Difference
All Electricity	$135.92	$165.96	18.1%
Phone	$31.66	$28.68	10.4%

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, State	Population	Cost of Living Index	National Avg.
Springtown, AR	67	80	-20%
Decatur, AR	2,272	81	-19%
Gravette, AR	3,252	85	-15%
Gentry, AR	3,675	85	-15%
Pea Ridge, AR	5,177	88	-12%
Cave Springs, AR	2,803	103	3%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Meeker, CO	2,803	103	3%
North Browning, MT	2,804	79	-21%
McLeansboro, IL	2,801	78	-22%
Lake View, AL	2,801	100	0%
Wolf Point, MT	2,801	90	-10%
Cave Springs, AR	2,803	103	3%

Source: The Cave Springs, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Cave Springs, AR Cost of Living