Cost Of Living In Cave Springs, AR

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	99	84	100
Index	Cave Springs	Arkansas	National
Goods & Services index	93	93	100
Groceries index	90	93	100
Health care index	89	88	100
Housing index	118	65	100
Transportation index	86	89	100
Utilities index	96	97	100

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The cost of living in Cave Springs is 18% higher than the Arkansas average.
The cost of living in Cave Springs is 1% lower than the national average.
The cost of housing in Cave Springs is 18% 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	$89,886	$7,491	$2,097	$2,697
Renters	$60,000	$5,000	$1,400	$1,800

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	$13.79	$15.56	11.4%
Beauty Salon	$34.50	$36.11	4.4%
Toothpaste	$2.97	$2.47	20.0%
Shampoo	$0.78	$0.96	19.5%
Movie	$9.57	$10.13	5.5%
Bowling	$3.90	$4.74	17.6%

Groceries

Item	Cave Springs	National avg.	Difference
Ground Beef	$3.77	$3.98	5.3%
Fried Chicken	$1.10	$1.41	21.8%
Milk	$1.95	$2.06	5.5%
Potatoes	$2.93	$2.98	1.7%
Pizza	$9.35	$9.47	1.3%
Beer	$8.38	$8.79	4.7%

Health Care

Item	Cave Springs	National avg.	Difference
Optometrist	$85.71	$101.04	15.2%
Doctor	$94.09	$107.44	12.4%
Dentist	$81.36	$90.42	10.0%
Ibuprofen	$8.04	$9.28	13.4%
Lipitor	$378.87	$426.50	11.2%

Housing

Item	Cave Springs	National avg.	Difference
Home Price	$203,800.00	$175,700.00	16.0%
Avg. Mortgage Payment	$880.26	$1,133.23	22.3%
Apartment Rent	$1,121.00	$920.00	21.8%

Transportation

Item	Cave Springs	National avg.	Difference
Gasoline	$1.74	$1.99	12.9%
Tire Balancing	$38.79	$45.76	15.2%

Utilities

Item	Cave Springs	National avg.	Difference
All Electricity	$141.85	$163.81	13.4%
Phone	$31.13	$28.39	9.7%

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	68	77	-23%
Decatur, AR	2,275	81	-19%
Gentry, AR	3,291	82	-18%
Gravette, AR	3,190	82	-18%
Garfield, AR	508	85	-15%
Cave Springs, AR	2,230	99	-1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Piedmont, MO	2,230	75	-25%
Newport, WA	2,230	94	-6%
Neodesha, KS	2,229	78	-22%
Clinton, MI	2,229	89	-11%
East Atlantic Beach, NY	2,229	186	86%
Cave Springs, AR	2,230	99	-1%

Source: The Cave Springs, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Cave Springs, AR Cost of Living