Pea Ridge 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.
IndexPea RidgeFloridaNational
Cost of living index9399100
IndexPea RidgeFloridaNational
Goods & Services index10099100
Groceries index104102100
Health care index9497100
Housing index7895100
Transportation index100100100
Utilities index90103100
The above illustration supplies generalized information for the Pea Ridge, FL cost of living index. Compared to other cities in Florida and cities across the country, the cost of living index in Pea Ridge, FL is 93, which is 6% lower than the Florida average and 7% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Pea Ridge, FL are 1% higher than the average for Florida and equal to the rest of the country.

Did you know?

  • The cost of living in Pea Ridge is 6% lower than the Florida average.
  • The cost of living in Pea Ridge is 7% lower than the national average.
  • The cost of housing in Pea Ridge is 22% lower than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

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Compare Pea Ridge, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Pea Ridge, FL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Pea Ridge, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Pea Ridge, FL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Pea Ridge, FL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Pea Ridge, FL homeowners, the median income is $55,625. This indicates that a monthly maximum of $1,298 should be spent by homeowners on all housing related costs. Renters have a median income of $40,781. This indicates that renters should have a maximum of $951 used for their rent related monthly costs.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
The Florida sales tax and Florida income tax rates should definitely be considered when determining the overall cost of living in Pea Ridge, FL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Florida sales tax is 6% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemPea RidgeNational avg.Difference
Haircut $13.93$15.5610.5%
Beauty Salon $35.38$36.112.0%
Toothpaste $2.73$2.4710.6%
Shampoo $1.01$0.964.6%
Movie $9.28$10.138.3%
Bowling $3.46$4.7426.9%


ItemPea RidgeNational avg.Difference
Ground Beef $4.01$3.980.6%
Fried Chicken $1.45$1.413.2%
Milk $2.55$2.0623.5%
Potatoes $3.31$2.9811.0%
Pizza $8.61$9.479.1%
Beer $9.43$8.797.3%

Health Care

ItemPea RidgeNational avg.Difference
Optometrist $63.50$101.0437.2%
Doctor $93.26$107.4413.2%
Dentist $84.01$90.427.1%
Ibuprofen $11.48$9.2823.8%
Lipitor $434.87$426.502.0%


ItemPea RidgeNational avg.Difference
Home Price $113,000.00$175,700.0035.7%
Avg. Mortgage Payment $776.87$1,133.2331.4%
Apartment Rent $1,002.00$920.008.9%


ItemPea RidgeNational avg.Difference
Gasoline $2.00$1.990.5%
Tire Balancing $44.98$45.761.7%


ItemPea RidgeNational avg.Difference
All Electricity$178.70$163.819.1%
Phone $18.39$28.3935.2%
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.
Dickerson City, FL7999-1%
Mulat, FL26399-1%
Goulding, FL4,53984-16%
West Pensacola, FL19,57185-15%
Warrington, FL13,42888-12%
Pea Ridge, FL3,75893-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Brookmont, MD3,758205105%
Cedarville, OH3,75895-5%
Kiel, WI3,75793-7%
Larch Way, WA3,76013333%
Lonsdale, MN3,7601022%
Pea Ridge, FL3,75893-7%
Source: The Pea Ridge, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.