B+
Overall 14%
Goods & Services 2%
Housing 36%
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.
IndexBull ShoalsArkansasNational
Cost of living8684100
Goods & Services9895100
Groceries9990100
Health care9886100
Housing6465100
Transportation8783100
Utilities8691100

Key findings

  • The cost of living in Bull Shoals is 2% higher than the Arkansas average
  • The cost of living in Bull Shoals is 14% lower than the national average
  • Bull Shoals housing is 36% lower than the national average
  • Arkansas general sales tax is 28% higher than the national average
  • Arkansas state income tax is 10% lower than the national average

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Compare Bull Shoals, AR Cost of Living

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      Salary Calculator

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$37,025$3,085$864$1,111
      Renters$24,464$2,039$571$734

      Arkansas Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Arkansas6.5%11.625%

      Arkansas Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Arkansas2%6.6%

      Goods & Services

      ItemBull ShoalsNational avg.Difference
      Haircut $14.40$17.4917.7%
      Beauty Salon $29.32$38.1723.2%
      Toothpaste $1.74$2.3225.0%
      Shampoo $0.99$1.012.2%
      Movie $10.03$10.726.5%
      Bowling $15.60$13.8612.5%

      Groceries

      ItemBull ShoalsNational avg.Difference
      Ground Beef $4.21$3.908.0%
      Fried Chicken $1.79$1.4028.2%
      Milk $2.17$1.9610.6%
      Potatoes $2.99$3.186.1%
      Pizza $8.74$10.3915.9%
      Beer $8.79$9.234.8%

      Health Care

      ItemBull ShoalsNational avg.Difference
      Optometrist $98.00$106.347.8%
      Doctor $106.67$115.257.4%
      Dentist $95.20$98.383.2%
      Ibuprofen $9.58$9.263.4%
      Lipitor $500.58$466.477.3%

      Housing

      ItemBull ShoalsNational avg.Difference
      Home Price $116,400.00$184,700.0037.0%
      Avg. Mortgage Payment $823.03$1,273.3235.4%
      Apartment Rent $641.00$949.0032.5%

      Transportation

      ItemBull ShoalsNational avg.Difference
      Gasoline $2.33$2.5910.1%
      Tire Balancing $41.39$48.9015.3%

      Utilities

      ItemBull ShoalsNational avg.Difference
      All Electricity$129.27$167.6022.9%
      Phone $175.61$163.427.5%
      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.
      Pontiac, MO33295-5%
      Pyatt, AR27179-21%
      Summit, AR43080-20%
      Flippin, AR1,46880-20%
      Theodosia, MO13980-20%
      Bull Shoals, AR2,31186-14%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Gold Beach, OR2,3111088%
      Mount Vernon, GA2,31182-18%
      Flying Hills, PA2,31295-5%
      Bonneau Beach, SC2,31093-7%
      Biscoe, NC2,31082-18%
      Bull Shoals, AR2,31186-14%
      Source: The Bull Shoals, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.