Barling, Arkansas Cost Of Living

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Overall 19%

Goods & Services 9%

Housing 40%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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	Barling	Arkansas	National
Cost of living	81	84	100
Goods & Services	91	95	100
Groceries	91	90	100
Health care	82	86	100
Housing	60	65	100
Transportation	91	83	100
Utilities	91	91	100

Key findings

The cost of living in Barling is 3% lower than the Arkansas average
The cost of living in Barling is 19% lower than the national average
Barling housing is 40% lower than the national average
Arkansas general sales tax is 28% higher than the national average
Arkansas state income tax is 19% 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	$48,682	$4,057	$1,136	$1,461
Renters	$31,607	$2,634	$737	$948

The affordability of the housing market in Barling, AR as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Barling homeowners, the median income is $48,682. This indicates that a monthly maximum of $1,136 should be spent by homeowners on all housing related costs. Renters have a median income of $31,607. This indicates that renters would have a maximum of $737 for their rent related monthly costs.

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%	6.6%

Goods & Services

Item	Barling	National avg.	Difference
Haircut	$17.98	$17.49	2.8%
Beauty Salon	$32.46	$38.17	15.0%
Toothpaste	$1.49	$2.32	35.8%
Shampoo	$0.78	$1.01	22.9%
Movie	$10.00	$10.72	6.8%
Bowling	$17.50	$13.86	26.3%

Groceries

Item	Barling	National avg.	Difference
Ground Beef	$3.55	$3.90	9.0%
Fried Chicken	$1.06	$1.40	24.1%
Milk	$1.08	$1.96	45.0%
Potatoes	$2.88	$3.18	9.5%
Pizza	$8.00	$10.39	23.0%
Beer	$8.47	$9.23	8.2%

Health Care

Item	Barling	National avg.	Difference
Optometrist	$67.50	$106.34	36.5%
Doctor	$82.50	$115.25	28.4%
Dentist	$82.50	$98.38	16.1%
Ibuprofen	$7.97	$9.26	13.9%
Lipitor	$454.00	$466.47	2.7%

Housing

Item	Barling	National avg.	Difference
Home Price	$93,000.00	$184,700.00	49.6%
Avg. Mortgage Payment	$954.88	$1,273.32	25.0%
Apartment Rent	$795.00	$949.00	16.2%

Transportation

Item	Barling	National avg.	Difference
Gasoline	$2.38	$2.59	8.0%
Tire Balancing	$45.00	$48.90	8.0%

Utilities

Item	Barling	National avg.	Difference
All Electricity	$134.44	$167.60	19.8%
Phone	$190.30	$163.42	16.4%

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, State	Population	Cost of Living Index	National Avg.
Moffett, OK	140	73	-27%
Cameron, OK	347	71	-29%
Arkoma, OK	1,912	76	-24%
Mulberry, AR	1,772	78	-22%
Kibler, AR	1,161	79	-21%
Barling, AR	4,747	81	-19%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Riverside, NY	4,747	97	-3%
South Lebanon, OH	4,746	104	4%
Green Tree, PA	4,749	101	1%
Brielle, NJ	4,745	165	65%
Farmville, NC	4,750	92	-8%
Barling, AR	4,747	81	-19%

Source: The Barling, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Barling, AR Cost of Living

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