Ravenden 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.
IndexRavenden SpringsArkansasNational
Cost of living index7786100
IndexRavenden SpringsArkansasNational
Goods & Services index9396100
Groceries index9295100
Health care index8688100
Housing index4265100
Transportation index8792100
Utilities index92102100

Did you know?

  • The cost of living in Ravenden Springs is 11% lower than the Arkansas average.
  • The cost of living in Ravenden Springs is 23% lower than the national average.
  • The cost of housing in Ravenden Springs is 58% 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 Ravenden Springs, 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$50,893$4,241$1,187$1,527
Renters$12,083$1,007$282$363

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

ItemRavenden SpringsNational avg.Difference
Haircut $13.00$14.5910.9%
Beauty Salon $23.33$34.6832.7%
Toothpaste $1.98$2.4719.9%
Shampoo $0.88$1.0213.9%
Movie $9.50$9.873.7%
Bowling $4.05$4.397.8%

Groceries

ItemRavenden SpringsNational avg.Difference
Ground Beef $3.92$4.4812.4%
Fried Chicken $1.22$1.4616.7%
Milk $2.32$2.361.6%
Potatoes $2.74$3.0610.5%
Pizza $9.49$9.242.7%
Beer $8.66$8.630.3%

Health Care

ItemRavenden SpringsNational avg.Difference
Optometrist $71.67$99.7828.2%
Doctor $99.00$105.035.7%
Dentist $66.67$88.7024.8%
Ibuprofen $8.32$9.4111.6%
Lipitor $291.32$298.502.4%

Housing

ItemRavenden SpringsNational avg.Difference
Home Price $70,700.00$175,700.0059.8%
Avg. Mortgage Payment $849.33$1,081.0321.4%
Apartment Rent $439.00$920.0052.3%

Transportation

ItemRavenden SpringsNational avg.Difference
Gasoline $1.90$2.099.3%
Tire Balancing $34.65$45.2923.5%

Utilities

ItemRavenden SpringsNational avg.Difference
All Electricity$130.12$170.8023.8%
Phone $31.85$28.2612.7%
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.
Williford, AR3872-28%
Ravenden, AR43775-25%
Imboden, AR55575-25%
Black Rock, AR68076-24%
Hardy, AR72477-23%
Ravenden Springs, AR12277-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Leesville, OH12281-19%
Green Mountain, IA12279-21%
Ragsdale, IN12277-23%
Almont, ND12277-23%
Colon, NE12281-19%
Ravenden Springs, AR12277-23%
Source: The Ravenden 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.