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.
IndexCave SpringsArkansasNational
Cost of living index10384100
IndexCave SpringsArkansasNational
Goods & Services index9892100
Groceries index9391100
Health care index8888100
Housing index12365100
Transportation index8587100
Utilities index9597100

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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax 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

StateGeneral Sales TaxWith Max Surtax
Arkansas6.5%11.625%

Arkansas Income Tax

StateIncome Tax (Low)Income Tax (High)
Arkansas0.9%6.9%

Goods & Services

ItemCave SpringsNational avg.Difference
Haircut $15.94$16.090.9%
Beauty Salon $24.78$37.3333.6%
Toothpaste $2.45$2.450.0%
Shampoo $0.99$1.000.7%
Movie $9.89$10.283.8%
Bowling $6.50$4.9331.8%

Groceries

ItemCave SpringsNational avg.Difference
Ground Beef $3.36$3.8011.7%
Fried Chicken $1.41$1.401.2%
Milk $1.91$2.015.0%
Potatoes $3.41$3.0113.1%
Pizza $10.39$9.895.1%
Beer $8.62$8.903.1%

Health Care

ItemCave SpringsNational avg.Difference
Optometrist $85.33$102.1616.5%
Doctor $91.83$108.3615.3%
Dentist $78.83$92.5314.8%
Ibuprofen $7.97$9.2814.1%
Lipitor $432.03$425.821.5%

Housing

ItemCave SpringsNational avg.Difference
Home Price $236,100.00$184,700.0027.8%
Avg. Mortgage Payment $952.30$1,202.4420.8%
Apartment Rent $1,072.00$949.0013.0%

Transportation

ItemCave SpringsNational avg.Difference
Gasoline $1.99$2.2411.2%
Tire Balancing $36.00$46.2922.2%

Utilities

ItemCave SpringsNational avg.Difference
All Electricity$135.92$165.9618.1%
Phone $31.66$28.6810.4%
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, StatePopulationCost of Living IndexNational Avg.
Springtown, AR6780-20%
Decatur, AR2,27281-19%
Gravette, AR3,25285-15%
Gentry, AR3,67585-15%
Pea Ridge, AR5,17788-12%
Cave Springs, AR2,8031033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Meeker, CO2,8031033%
North Browning, MT2,80479-21%
McLeansboro, IL2,80178-22%
Lake View, AL2,8011000%
Wolf Point, MT2,80190-10%
Cave Springs, AR2,8031033%
Source: The Cave Springs, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.