Elm 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.
IndexElm SpringsArkansasNational
Cost of living index9886100
IndexElm SpringsArkansasNational
Goods & Services index9396100
Groceries index9295100
Health care index9088100
Housing index10765100
Transportation index9192100
Utilities index103102100

Did you know?

  • The cost of living in Elm Springs is 13% higher than the Arkansas average.
  • The cost of living in Elm Springs is 2% lower than the national average.
  • The cost of housing in Elm Springs is 7% 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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Compare Elm Springs, AR Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$82,875$6,906$1,934$2,486
Renters$24,271$2,023$566$728

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

ItemElm SpringsNational avg.Difference
Haircut $13.60$14.596.8%
Beauty Salon $30.40$34.6812.3%
Toothpaste $2.45$2.470.9%
Shampoo $0.82$1.0219.8%
Movie $9.00$9.878.8%
Bowling $2.93$4.3933.3%

Groceries

ItemElm SpringsNational avg.Difference
Ground Beef $4.82$4.487.7%
Fried Chicken $1.07$1.4626.9%
Milk $2.61$2.3610.7%
Potatoes $3.39$3.0610.7%
Pizza $10.10$9.249.3%
Beer $9.30$8.637.7%

Health Care

ItemElm SpringsNational avg.Difference
Optometrist $96.25$99.783.5%
Doctor $88.20$105.0316.0%
Dentist $79.75$88.7010.1%
Ibuprofen $7.97$9.4115.3%
Lipitor $295.31$298.501.1%

Housing

ItemElm SpringsNational avg.Difference
Home Price $217,800.00$175,700.0024.0%
Avg. Mortgage Payment $869.39$1,081.0319.6%
Apartment Rent $629.00$920.0031.6%

Transportation

ItemElm SpringsNational avg.Difference
Gasoline $1.80$2.0913.7%
Tire Balancing $46.33$45.292.3%

Utilities

ItemElm SpringsNational avg.Difference
All Electricity$157.83$170.807.6%
Phone $33.40$28.2618.2%
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, AR6879-21%
Decatur, AR2,27582-18%
Avoca, AR72787-13%
Springdale, AR73,78988-12%
Elkins, AR2,75988-12%
Elm Springs, AR1,45598-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cut and Shoot, TX1,45582-18%
Ferndale, CA1,45613535%
Babbitt, MN1,45685-15%
Boyce, LA1,45690-10%
Mapleton, IA1,45481-19%
Elm Springs, AR1,45598-2%
Source: The Elm Springs, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.