Bonanza 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.
IndexBonanzaArkansasNational
Cost of living index8484100
IndexBonanzaArkansasNational
Goods & Services index9892100
Groceries index9391100
Health care index8888100
Housing index6065100
Transportation index8587100
Utilities index9597100

Find Real Estate Listings In Bonanza

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Bonanza

How would you rate the cost of living in Bonanza?View resultsWrite a review to give others more information about this area.
Is the cost of living increasing or decreasing in Bonanza?View resultsWrite a review to give others more information about this area.

Did you know?

  • The cost of living in Bonanza is equal to the Arkansas average.
  • The cost of living in Bonanza is 16% lower than the national average.
  • The cost of housing in Bonanza is 40% 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.

Real Estate Listings In Bonanza

Compare Bonanza, AR 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

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,583$4,549$1,274$1,638
Renters$34,444$2,870$804$1,033

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

ItemBonanzaNational avg.Difference
Haircut $15.94$16.090.9%
Beauty Salon $24.78$37.3333.6%
Toothpaste $2.45$2.450.0%
Shampoo $0.99$1.000.7%
Movie $9.89$10.283.8%
Bowling $6.50$4.9331.8%

Groceries

ItemBonanzaNational avg.Difference
Ground Beef $3.36$3.8011.7%
Fried Chicken $1.41$1.401.2%
Milk $1.91$2.015.0%
Potatoes $3.41$3.0113.1%
Pizza $10.39$9.895.1%
Beer $8.62$8.903.1%

Health Care

ItemBonanzaNational avg.Difference
Optometrist $85.33$102.1616.5%
Doctor $91.83$108.3615.3%
Dentist $78.83$92.5314.8%
Ibuprofen $7.97$9.2814.1%
Lipitor $432.03$425.821.5%

Housing

ItemBonanzaNational avg.Difference
Home Price $92,100.00$184,700.0050.1%
Avg. Mortgage Payment $952.30$1,202.4420.8%
Apartment Rent $795.00$949.0016.2%

Transportation

ItemBonanzaNational avg.Difference
Gasoline $1.99$2.2411.2%
Tire Balancing $36.00$46.2922.2%

Utilities

ItemBonanzaNational avg.Difference
All Electricity$135.92$165.9618.1%
Phone $31.66$28.6810.4%
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, StatePopulationCost of Living IndexNational Avg.
Moffett, OK14076-24%
Midland, AR38877-23%
Cameron, OK34775-25%
Panama, OK1,24175-25%
Huntington, AR63378-22%
Bonanza, AR59984-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
West Wood, UT5991044%
Fredericktown, PA59980-20%
Belleplain, NJ5991077%
Smock, PA59986-14%
Gustine, TX59977-23%
Bonanza, AR59984-16%
Source: The Bonanza, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.