McNeil 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.
IndexMcNeilArkansasNational
Cost of living index7284100
IndexMcNeilArkansasNational
Goods & Services index8992100
Groceries index9591100
Health care index9688100
Housing index3265100
Transportation index9087100
Utilities index8397100

Did you know?

  • The cost of living in McNeil is 14% lower than the Arkansas average.
  • The cost of living in McNeil is 28% lower than the national average.
  • The cost of housing in McNeil is 68% 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.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$26,250$2,188$612$788
Renters$18,750$1,563$437$563

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

ItemMcNeilNational avg.Difference
Haircut $11.97$16.0925.6%
Beauty Salon $31.36$37.3316.0%
Toothpaste $2.57$2.455.1%
Shampoo $0.84$1.0016.0%
Movie $7.39$10.2828.1%
Bowling $3.79$4.9323.2%

Groceries

ItemMcNeilNational avg.Difference
Ground Beef $4.04$3.806.2%
Fried Chicken $1.08$1.4022.4%
Milk $1.95$2.012.9%
Potatoes $3.29$3.019.3%
Pizza $10.19$9.893.1%
Beer $9.03$8.901.5%

Health Care

ItemMcNeilNational avg.Difference
Optometrist $66.78$102.1634.6%
Doctor $100.11$108.367.6%
Dentist $93.71$92.531.3%
Ibuprofen $8.77$9.285.5%
Lipitor $420.00$425.821.4%

Housing

ItemMcNeilNational avg.Difference
Home Price $37,100.00$184,700.0079.9%
Avg. Mortgage Payment $940.18$1,202.4421.8%
Apartment Rent $563.00$949.0040.7%

Transportation

ItemMcNeilNational avg.Difference
Gasoline $2.11$2.246.1%
Tire Balancing $37.95$46.2918.0%

Utilities

ItemMcNeilNational avg.Difference
All Electricity$121.23$165.9627.0%
Phone $27.34$28.684.7%
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, StatePopulationCost of Living IndexNational Avg.
Bodcaw, AR15767-33%
Stephens, AR1,01772-28%
Buckner, AR27273-27%
Willisville, AR33874-26%
Waldo, AR1,41174-26%
McNeil, AR41572-28%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cumming, IA4151088%
Hayti, SD41582-18%
Kendrick, ID41589-11%
Hopewell, IL41598-2%
Edison, OH41581-19%
McNeil, AR41572-28%
Source: The McNeil, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.