Mulberry, Arkansas Cost Of Living

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A

Overall 23%

Goods & Services 14%

Housing 51%

Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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	Mulberry	Arkansas	National
Cost of living	77	85	100
Goods & Services	86	96	100
Groceries	91	91	100
Health care	78	87	100
Housing	49	65	100
Transportation	94	89	100
Utilities	96	92	100

Key findings

The cost of living in Mulberry is 9% lower than the Arkansas average
The cost of living in Mulberry is 23% lower than the national average
Mulberry housing is 51% 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	$38,750	$3,229	$904	$1,163
Renters	$15,109	$1,259	$353	$453

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	Mulberry	National avg.	Difference
Haircut	$17.88	$18.62	4.0%
Beauty Salon	$35.00	$39.05	10.4%
Toothpaste	$1.67	$2.34	28.7%
Shampoo	$0.88	$1.06	16.7%
Movie	$10.00	$10.68	6.4%
Bowling	$15.00	$14.67	2.2%

Groceries

Item	Mulberry	National avg.	Difference
Ground Beef	$4.60	$4.22	9.1%
Fried Chicken	$1.01	$1.39	27.1%
Milk	$1.64	$2.05	20.0%
Potatoes	$3.56	$3.29	8.2%
Pizza	$6.66	$10.62	37.3%
Beer	$9.26	$9.38	1.3%

Health Care

Item	Mulberry	National avg.	Difference
Optometrist	$67.50	$108.57	37.8%
Doctor	$80.00	$116.17	31.1%
Dentist	$72.50	$99.13	26.9%
Ibuprofen	$9.62	$9.68	0.6%
Lipitor	$454.00	$466.92	2.8%

Housing

Item	Mulberry	National avg.	Difference
Home Price	$85,100.00	$184,700.00	53.9%
Avg. Mortgage Payment	$951.60	$1,197.42	20.5%
Apartment Rent	$538.00	$949.00	43.3%

Transportation

Item	Mulberry	National avg.	Difference
Gasoline	$2.08	$2.22	6.6%
Tire Balancing	$46.50	$50.07	7.1%

Utilities

Item	Mulberry	National avg.	Difference
All Electricity	$145.38	$167.67	13.3%
Phone	$198.43	$175.64	13.0%

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.
Chester, AR	174	75	-25%
Branch, AR	363	75	-25%
Mountainburg, AR	614	76	-24%
Ozark, AR	3,610	76	-24%
Kibler, AR	1,161	78	-22%
Mulberry, AR	1,772	77	-23%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Belleville, PA	1,772	89	-11%
Cowpens, SC	1,772	84	-16%
Emigration Canyon, UT	1,772	154	54%
Elizabeth Lake, CA	1,772	118	18%
Olive Hill, KY	1,771	82	-18%
Mulberry, AR	1,772	77	-23%

Source: The Mulberry, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.