Gassville 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.
IndexGassvilleArkansasNational
Cost of living index8486100
IndexGassvilleArkansasNational
Goods & Services index9996100
Groceries index10095100
Health care index9488100
Housing index5565100
Transportation index8392100
Utilities index103102100

Did you know?

  • The cost of living in Gassville is 2% lower than the Arkansas average.
  • The cost of living in Gassville is 16% lower than the national average.
  • The cost of housing in Gassville is 45% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$39,338$3,278$918$1,180
Renters$27,222$2,269$635$817

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

ItemGassvilleNational avg.Difference
Haircut $12.25$14.5916.1%
Beauty Salon $33.67$34.682.9%
Toothpaste $1.69$2.4731.7%
Shampoo $0.84$1.0217.8%
Movie $9.58$9.872.9%
Bowling $3.63$4.3917.3%

Groceries

ItemGassvilleNational avg.Difference
Ground Beef $4.17$4.486.9%
Fried Chicken $1.71$1.4616.8%
Milk $2.46$2.364.4%
Potatoes $2.76$3.069.8%
Pizza $8.49$9.248.1%
Beer $8.81$8.632.1%

Health Care

ItemGassvilleNational avg.Difference
Optometrist $93.00$99.786.8%
Doctor $104.00$105.031.0%
Dentist $75.25$88.7015.2%
Ibuprofen $8.42$9.4110.5%
Lipitor $313.13$298.504.9%

Housing

ItemGassvilleNational avg.Difference
Home Price $85,800.00$175,700.0051.2%
Avg. Mortgage Payment $778.68$1,081.0328.0%
Apartment Rent $626.00$920.0032.0%

Transportation

ItemGassvilleNational avg.Difference
Gasoline $1.68$2.0919.7%
Tire Balancing $40.99$45.299.5%

Utilities

ItemGassvilleNational avg.Difference
All Electricity$150.33$170.8012.0%
Phone $35.01$28.2623.9%
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.
Summit, AR58182-18%
Flippin, AR1,25482-18%
Yellville, AR1,29084-16%
Salesville, AR41284-16%
Briarcliff, AR21285-15%
Gassville, AR2,20684-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marlborough, MO2,20691-9%
Moorhead, MS2,20677-23%
Liberty City, TX2,20690-10%
Irvine, KY2,20678-22%
Rangely, CO2,20594-6%
Gassville, AR2,20684-16%
Source: The Gassville, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.