Cost Of Living in Beebe, AR

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A

9%

Overall NAT. AVG.

7%

Goods & Services NAT. AVG.

28%

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	Beebe	Arkansas	National
Cost of living	91	86	100
Goods & Services	107	98	100
Groceries	98	95	100
Health care	88	88	100
Housing	72	65	100
Transportation	88	90	100
Utilities	94	92	100

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Cost Of Living Quick Facts

The cost of living in Beebe is 7% higher than the Arkansas average
The cost of living in Beebe is 9% lower than the national average
Beebe housing is 28% 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	$67,471	$5,623	$1,574	$2,024
Renters	$36,079	$3,007	$842	$1,082

To approximate the cost of living and the housing affordability in Beebe, AR, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Beebe have a median income of $67,471. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,574 per month to avoid calamity and poverty. The renters in the city have an income of about $36,079, which would make their monthly maximum allowable rental costs $842.

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	Beebe	National avg.	Difference
Haircut	$28.72	$24.26	18.4%
Beauty Salon	$47.61	$45.56	4.5%
Toothpaste	$3.61	$3.70	2.6%
Shampoo	$1.17	$1.28	8.9%
Movie	$13.35	$12.13	10.1%
Bowling	$15.56	$18.00	13.6%

Groceries

Item	Beebe	National avg.	Difference
Ground Beef	$5.76	$5.84	1.4%
Fried Chicken	$1.36	$1.57	13.3%
Milk	$4.65	$4.67	0.5%
Potatoes	$5.31	$4.93	7.6%
Pizza	$11.20	$12.09	7.4%
Beer	$10.24	$10.41	1.6%

Health Care

Item	Beebe	National avg.	Difference
Optometrist	$115.17	$125.68	8.4%
Doctor	$132.33	$135.78	2.5%
Dentist	$81.53	$113.29	28.0%
Ibuprofen	$10.35	$10.65	2.8%
Lipitor	$471.21	$468.60	0.6%

Housing

Item	Beebe	National avg.	Difference
Home Price	$133,500.00	$184,700.00	27.7%
Avg. Mortgage Payment	$2,117.76	$2,346.69	9.8%
Apartment Rent	$682.00	$949.00	28.1%

Transportation

Item	Beebe	National avg.	Difference
Gasoline	$3.05	$3.46	12.0%
Tire Balancing	$53.11	$59.92	11.4%

Utilities

Item	Beebe	National avg.	Difference
All Electricity	$166.99	$193.99	13.9%
Phone	$205.18	$192.25	6.7%

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	Population	Cost of Living Index	National Avg.
Griffithville, AR	228	81	18.6%
Kensett, AR	2,288	74	25.8%
McRae, AR	690	75	24.8%
Higginson, AR	812	75	24.8%
Judsonia, AR	2,360	75	24.5%
Beebe, AR	8,131	91	8.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Oakland, TN	8,135	101	1.4%
Oradell, NJ	8,126	173	72.6%
Lucas, TX	8,137	165	64.8%
South-West Oxford, ON	8,137	n/a
Alliance, NE	8,139	90	10.3%
Beebe, AR	8,131	91	8.5%