Hot 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.
IndexHot SpringsArkansasNational
Cost of living index8986100
IndexHot SpringsArkansasNational
Goods & Services index9896100
Groceries index9895100
Health care index9288100
Housing index6863100
Transportation index9192100
Utilities index105102100

Did you know?

  • The cost of living in Hot Springs is 4% higher than the Arkansas average.
  • The cost of living in Hot Springs is 11% lower than the national average.
  • The cost of housing in Hot Springs is 32% 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 Hot Springs, AR Cost of living To Other Cities

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

ItemHot SpringsNational avg.Difference
Haircut $15.25$14.594.5%
Beauty Salon $28.00$34.6819.3%
Toothpaste $1.85$2.4725.2%
Shampoo $0.98$1.024.1%
Movie $9.75$9.871.2%
Bowling $3.75$4.3914.6%

Groceries

ItemHot SpringsNational avg.Difference
Ground Beef $4.77$4.486.6%
Fried Chicken $1.39$1.465.1%
Milk $2.22$2.365.8%
Potatoes $2.55$3.0616.7%
Pizza $9.55$9.243.3%
Beer $8.54$8.631.1%

Health Care

ItemHot SpringsNational avg.Difference
Optometrist $125.00$99.7825.3%
Doctor $100.00$105.034.8%
Dentist $76.00$88.7014.3%
Ibuprofen $8.71$9.417.5%
Lipitor $265.06$298.5011.2%

Housing

ItemHot SpringsNational avg.Difference
Home Price $118,600.00$181,400.0034.6%
Avg. Mortgage Payment $859.33$1,081.0320.5%
Apartment Rent $666.00$889.0025.1%

Transportation

ItemHot SpringsNational avg.Difference
Gasoline $2.00$2.094.4%
Tire Balancing $35.40$45.2921.8%

Utilities

ItemHot SpringsNational avg.Difference
All Electricity$150.51$170.8011.9%
Phone $36.01$28.2627.4%
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.
Magnet Cove, AR098-2%
Mountain Pine, AR73976-24%
Lonsdale, AR7379-21%
Malvern, AR10,46883-17%
Piney, AR4,41985-15%
Hot Springs, AR35,45989-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Parkland, WA35,4661077%
Del Rio, TX35,47181-19%
Leavenworth, KS35,43490-10%
Fort Lee, NJ35,42015454%
University City, MO35,3971011%
Hot Springs, AR35,45989-11%
Source: The Hot 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.