Cost Of Living in Ashdown, AR

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18%

Overall NAT. AVG.

1%

Goods & Services NAT. AVG.

54%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Ashdown	Arkansas	National
Cost of living	82	86	100
Goods & Services	99	98	100
Groceries	99	95	100
Health care	103	88	100
Housing	46	65	100
Transportation	97	90	100
Utilities	85	92	100

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Cost Of Living Quick Facts

The cost of living in Ashdown is 5% lower than the Arkansas average
The cost of living in Ashdown is 18% lower than the national average
Ashdown housing is 54% lower than the national average
Arkansas general sales tax is 27% higher than the national average
Arkansas state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$39,679	$3,307	$926	$1,190
Renters	$28,610	$2,384	$668	$858

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Ashdown, AR, as well as what the overall cost of living might be. 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 payments and not more than 36 percent of income on all expenses and debts. In Ashdown, homeowners have a median income of $39,679. Using that number, a maximum of $926 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $28,610, which means there is a maximum of $668 to be spent on the costs of renting a home or apartment.

Arkansas Sales Tax

State	General Sales Tax	With Max Surtax
Arkansas	6.5%	11.625%

Arkansas Income Tax

State	Income Tax (Low)	Income Tax (High)
Arkansas	2%	4.9%

Goods & Services

Item	Ashdown	National avg.	Difference
Haircut	$20.94	$24.26	13.7%
Beauty Salon	$41.39	$45.56	9.2%
Toothpaste	$3.19	$3.70	13.8%
Shampoo	$1.13	$1.28	11.5%
Movie	$13.40	$12.13	10.5%
Bowling	$13.33	$18.00	25.9%

Groceries

Item	Ashdown	National avg.	Difference
Ground Beef	$6.18	$5.84	5.9%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.53	$4.67	3.1%
Potatoes	$5.08	$4.93	2.9%
Pizza	$9.90	$12.09	18.1%
Beer	$9.71	$10.41	6.7%

Health Care

Item	Ashdown	National avg.	Difference
Optometrist	$135.11	$125.68	7.5%
Doctor	$90.67	$135.78	33.2%
Dentist	$154.50	$113.29	36.4%
Ibuprofen	$9.57	$10.65	10.1%
Lipitor	$498.43	$468.60	6.4%

Housing

Item	Ashdown	National avg.	Difference
Home Price	$75,500.00	$184,700.00	59.1%
Avg. Mortgage Payment	$2,083.19	$2,346.69	11.2%
Apartment Rent	$555.00	$949.00	41.5%

Transportation

Item	Ashdown	National avg.	Difference
Gasoline	$3.10	$3.46	10.4%
Tire Balancing	$67.93	$59.92	13.4%

Utilities

Item	Ashdown	National avg.	Difference
All Electricity	$164.18	$193.99	15.4%
Phone	$186.90	$192.25	2.8%

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	Population	Cost of Living Index	National Avg.
Ben Lomond, AR	97	78	22.1%
Ogden, AR	212	79	21.2%
Yarborough Landing, AR	436	79	20.5%
Winthrop, AR	156	81	19.4%
Hooks, TX	2,731	86	14.5%
Ashdown, AR	4,415	82	18.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Jessup, PA	4,415	95	5.3%
St. James, MN	4,414	83	16.5%
Georgetown, OH	4,414	88	12.2%
Algood, TN	4,416	88	11.8%
West Jefferson, OH	4,413	90	10.1%
Ashdown, AR	4,415	82	18.3%