Shannon Hills 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.
IndexShannon HillsArkansasNational
Cost of living index9484100
IndexShannon HillsArkansasNational
Goods & Services index10092100
Groceries index9491100
Health care index9388100
Housing index8265100
Transportation index9287100
Utilities index11797100

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Did you know?

  • The cost of living in Shannon Hills is 12% higher than the Arkansas average.
  • The cost of living in Shannon Hills is 6% lower than the national average.
  • The cost of housing in Shannon Hills is 18% 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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Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,700$4,975$1,393$1,791
Renters$56,583$4,715$1,320$1,698

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

ItemShannon HillsNational avg.Difference
Haircut $14.93$16.097.2%
Beauty Salon $41.20$37.3310.4%
Toothpaste $1.63$2.4533.4%
Shampoo $0.85$1.0015.0%
Movie $10.82$10.285.3%
Bowling $4.08$4.9317.3%

Groceries

ItemShannon HillsNational avg.Difference
Ground Beef $3.46$3.809.1%
Fried Chicken $1.17$1.4016.0%
Milk $2.15$2.017.1%
Potatoes $2.93$3.012.6%
Pizza $8.32$9.8915.8%
Beer $9.36$8.905.2%

Health Care

ItemShannon HillsNational avg.Difference
Optometrist $77.50$102.1624.1%
Doctor $121.67$108.3612.3%
Dentist $70.44$92.5323.9%
Ibuprofen $8.25$9.2811.1%
Lipitor $440.56$425.823.5%

Housing

ItemShannon HillsNational avg.Difference
Home Price $123,000.00$184,700.0033.4%
Avg. Mortgage Payment $1,181.93$1,202.441.7%
Apartment Rent $1,112.00$949.0017.2%

Transportation

ItemShannon HillsNational avg.Difference
Gasoline $2.08$2.247.2%
Tire Balancing $41.44$46.2910.5%

Utilities

ItemShannon HillsNational avg.Difference
All Electricity$140.50$165.9615.3%
Phone $44.55$28.6855.3%
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.
Hensley, AR2599-1%
Salem city, AR1,93582-18%
Wrightsville, AR1,24682-18%
College Station, AR59883-17%
Woodson, AR46683-17%
Shannon Hills, AR3,61494-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dixmoor, IL3,61491-9%
Paulding, OH3,61584-16%
Plains, PA3,61586-14%
Leisure Village East, NJ3,6131077%
Wellsville, UT3,6121011%
Shannon Hills, AR3,61494-6%
Source: The Shannon Hills, AR cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.