Okolona 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.
IndexOkolonaArkansasNational
Cost of living index7486100
IndexOkolonaArkansasNational
Goods & Services index9896100
Groceries index9895100
Health care index9288100
Housing index1865100
Transportation index9192100
Utilities index105102100

Did you know?

  • The cost of living in Okolona is 15% lower than the Arkansas average.
  • The cost of living in Okolona is 26% lower than the national average.
  • The cost of housing in Okolona is 82% 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 Okolona, 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$24,500$2,042$572$735
Renters$30,893$2,574$721$927

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

ItemOkolonaNational 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

ItemOkolonaNational 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

ItemOkolonaNational 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

ItemOkolonaNational avg.Difference
Home Price $31,000.00$175,700.0082.4%
Avg. Mortgage Payment $859.33$1,081.0320.5%
Apartment Rent $0.00$920.00100.0%

Transportation

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

Utilities

ItemOkolonaNational 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.
Whelen Springs, AR5276-24%
Blevins, AR31881-19%
Gurdon, AR2,33280-20%
Antoine, AR14480-20%
Prescott, AR3,24884-16%
Okolona, AR18974-26%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Liberty town, OK18995-5%
Mitchell, GA18976-24%
Tustin, MI18984-16%
Pella, WI18986-14%
Titanic, OK18983-17%
Okolona, AR18974-26%
Source: The Okolona, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.