Horseshoe Lake 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.
IndexHorseshoe LakeArkansasNational
Cost of living index8086100
IndexHorseshoe LakeArkansasNational
Goods & Services index9396100
Groceries index9195100
Health care index8588100
Housing index5265100
Transportation index8992100
Utilities index97102100

Did you know?

  • The cost of living in Horseshoe Lake is 7% lower than the Arkansas average.
  • The cost of living in Horseshoe Lake is 20% lower than the national average.
  • The cost of housing in Horseshoe Lake is 48% 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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Compare Horseshoe Lake, 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$30,000$2,500$700$900
Renters$11,786$982$275$354

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

ItemHorseshoe LakeNational avg.Difference
Haircut $15.25$14.594.5%
Beauty Salon $30.80$34.6811.2%
Toothpaste $2.59$2.474.7%
Shampoo $0.82$1.0219.8%
Movie $10.30$9.874.4%
Bowling $3.41$4.3922.4%

Groceries

ItemHorseshoe LakeNational avg.Difference
Ground Beef $4.79$4.487.0%
Fried Chicken $1.21$1.4617.4%
Milk $2.33$2.361.1%
Potatoes $3.15$3.062.9%
Pizza $8.39$9.249.2%
Beer $8.31$8.633.7%

Health Care

ItemHorseshoe LakeNational avg.Difference
Optometrist $70.00$99.7829.8%
Doctor $83.80$105.0320.2%
Dentist $85.00$88.704.2%
Ibuprofen $8.48$9.419.9%
Lipitor $233.97$298.5021.6%

Housing

ItemHorseshoe LakeNational avg.Difference
Home Price $80,000.00$175,700.0054.5%
Avg. Mortgage Payment $730.10$1,081.0332.5%
Apartment Rent $613.00$920.0033.4%

Transportation

ItemHorseshoe LakeNational avg.Difference
Gasoline $1.87$2.0910.6%
Tire Balancing $40.40$45.2910.8%

Utilities

ItemHorseshoe LakeNational avg.Difference
All Electricity$151.24$170.8011.5%
Phone $30.75$28.268.8%
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.
Hughes, AR1,58974-26%
Anthonyville, AR21675-25%
North Tunica, MS1,09677-23%
Edmondson, AR30778-22%
Horn Lake, MS26,48685-15%
Horseshoe Lake, AR26580-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Coalton, IL26578-22%
Koyuk, AK26511818%
Utica, MO26583-17%
Plumas Eureka, CA26513939%
Rutland, IL26579-21%
Horseshoe Lake, AR26580-20%
Source: The Horseshoe Lake, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.