Holly Grove 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.
IndexHolly GroveArkansasNational
Cost of living index7886100
IndexHolly GroveArkansasNational
Goods & Services index9896100
Groceries index9595100
Health care index8588100
Housing index3165100
Transportation index9892100
Utilities index109102100

Did you know?

  • The cost of living in Holly Grove is 10% lower than the Arkansas average.
  • The cost of living in Holly Grove is 22% lower than the national average.
  • The cost of housing in Holly Grove is 69% 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$25,956$2,163$606$779
Renters$14,028$1,169$327$421

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

ItemHolly GroveNational avg.Difference
Haircut $15.20$14.594.2%
Beauty Salon $39.80$34.6814.8%
Toothpaste $1.68$2.4732.1%
Shampoo $0.90$1.0211.9%
Movie $9.50$9.873.7%
Bowling $3.95$4.3910.1%

Groceries

ItemHolly GroveNational avg.Difference
Ground Beef $3.95$4.4811.8%
Fried Chicken $1.21$1.4617.4%
Milk $2.33$2.361.1%
Potatoes $2.84$3.067.2%
Pizza $7.99$9.2413.6%
Beer $8.82$8.632.2%

Health Care

ItemHolly GroveNational avg.Difference
Optometrist $86.00$99.7813.8%
Doctor $90.50$105.0313.8%
Dentist $65.00$88.7026.7%
Ibuprofen $7.98$9.4115.2%
Lipitor $295.98$298.500.8%

Housing

ItemHolly GroveNational avg.Difference
Home Price $34,000.00$175,700.0080.6%
Avg. Mortgage Payment $1,047.71$1,081.033.1%
Apartment Rent $522.00$920.0043.3%

Transportation

ItemHolly GroveNational avg.Difference
Gasoline $2.17$2.093.7%
Tire Balancing $37.25$45.2917.7%

Utilities

ItemHolly GroveNational avg.Difference
All Electricity$150.55$170.8011.9%
Phone $39.29$28.2639.0%
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.
De Valls Bluff, AR61078-22%
Fredonia (Biscoe), AR36579-21%
Clarendon, AR1,50479-21%
Roe, AR10479-21%
Ulm, AR18781-19%
Holly Grove, AR68078-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Matewan, WV68081-19%
Loreauville, LA68083-17%
Big Thicket Lake Estates, TX68082-18%
Lyles, TN68084-16%
Clyde, CA68013030%
Holly Grove, AR68078-22%
Source: The Holly Grove, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.