Jacksonville 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.
IndexJacksonvilleArkansasNational
Cost of living index8984100
IndexJacksonvilleArkansasNational
Goods & Services index9693100
Groceries index9393100
Health care index9088100
Housing index7065100
Transportation index9389100
Utilities index11697100
An overview of the general cost of living index for Jacksonville, AR is displayed above for your reference. Residents in Jacksonville, AR enjoy a cost of living index of 89. This index is 6% higher than the Arkansas average, and 11% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Jacksonville, AR, the average cost of goods and services is 4% higher than it is in Arkansas, and it is 4% lower than the national average.

Did you know?

  • The cost of living in Jacksonville is 6% higher than the Arkansas average.
  • The cost of living in Jacksonville is 11% lower than the national average.
  • The cost of housing in Jacksonville is 30% 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 Jacksonville, AR Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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Using the salary calculator lets you compare the salary you earn in Jacksonville, AR to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Jacksonville, AR, you have to earn a higher income in order to still have the same standard of living. To operate the Jacksonville, AR salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,183$4,265$1,194$1,536
Renters$31,418$2,618$733$943
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Jacksonville, AR, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Jacksonville, AR homeowners have a median income of $51,183. Using that number, you will come up with a maximum of $1,194 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $31,418, which means there is a maximum of $733 to be spent on the costs of renting a home or apartment.

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%
For those who live in Jacksonville, AR and want to know what the true cost of living is, they ought to look at both the Arkansas income tax rate and the Arkansas sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Arkansas, the sales tax is 6.5%, while the most you'll pay in surtax is 11.625%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Arkansas, the income tax rate ranges between 0.9% to 6.9%.

Goods & Services

ItemJacksonvilleNational avg.Difference
Haircut $15.27$15.561.9%
Beauty Salon $39.93$36.1110.6%
Toothpaste $1.89$2.4723.7%
Shampoo $0.78$0.9619.5%
Movie $10.27$10.131.4%
Bowling $4.08$4.7413.8%

Groceries

ItemJacksonvilleNational avg.Difference
Ground Beef $3.65$3.988.3%
Fried Chicken $1.12$1.4120.2%
Milk $2.02$2.062.0%
Potatoes $2.89$2.983.2%
Pizza $8.32$9.4712.1%
Beer $8.85$8.790.6%

Health Care

ItemJacksonvilleNational avg.Difference
Optometrist $87.94$101.0413.0%
Doctor $110.39$107.442.7%
Dentist $67.06$90.4225.8%
Ibuprofen $8.56$9.287.7%
Lipitor $434.74$426.501.9%

Housing

ItemJacksonvilleNational avg.Difference
Home Price $112,800.00$175,700.0035.8%
Avg. Mortgage Payment $1,059.22$1,133.236.5%
Apartment Rent $759.00$920.0017.5%

Transportation

ItemJacksonvilleNational avg.Difference
Gasoline $1.87$1.996.4%
Tire Balancing $41.73$45.768.8%

Utilities

ItemJacksonvilleNational avg.Difference
All Electricity$145.79$163.8111.0%
Phone $43.22$28.3952.3%
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.
Scott, AR2198-2%
College Station, AR80780-20%
McAlmont, AR1,72182-18%
Sweet Home, AR62783-17%
Lonoke, AR4,25587-13%
Jacksonville, AR28,72889-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Laplace, LA28,73695-5%
Atwater, CA28,6861033%
Winter Park, FL28,77111414%
Matthews, NC28,6771044%
Post Falls, ID28,78698-2%
Jacksonville, AR28,72889-11%
Source: The Jacksonville, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.