Cost Of Living in Taylor, AR

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17%

Overall NAT. AVG.

1%

Goods & Services NAT. AVG.

50%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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	Taylor	Arkansas	National
Cost of living	83	86	100
Goods & Services	99	98	100
Groceries	99	95	100
Health care	103	88	100
Housing	50	65	100
Transportation	97	90	100
Utilities	85	92	100

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Cost Of Living Quick Facts

The cost of living in Taylor is 4% lower than the Arkansas average
The cost of living in Taylor is 17% lower than the national average
Taylor housing is 50% lower than the national average
Arkansas general sales tax is 27% higher than the national average
Arkansas state income tax is 23% 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	$34,808	$2,901	$812	$1,044
Renters	$28,750	$2,396	$671	$863

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%	4.9%

Goods & Services

Item	Taylor	National avg.	Difference
Haircut	$20.94	$24.26	13.7%
Beauty Salon	$41.39	$45.56	9.2%
Toothpaste	$3.19	$3.70	13.8%
Shampoo	$1.13	$1.28	11.5%
Movie	$13.40	$12.13	10.5%
Bowling	$13.33	$18.00	25.9%

Groceries

Item	Taylor	National avg.	Difference
Ground Beef	$6.18	$5.84	5.9%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.53	$4.67	3.1%
Potatoes	$5.08	$4.93	2.9%
Pizza	$9.90	$12.09	18.1%
Beer	$9.71	$10.41	6.7%

Health Care

Item	Taylor	National avg.	Difference
Optometrist	$135.11	$125.68	7.5%
Doctor	$90.67	$135.78	33.2%
Dentist	$154.50	$113.29	36.4%
Ibuprofen	$9.57	$10.65	10.1%
Lipitor	$498.43	$468.60	6.4%

Housing

Item	Taylor	National avg.	Difference
Home Price	$67,900.00	$184,700.00	63.2%
Avg. Mortgage Payment	$2,083.19	$2,346.69	11.2%
Apartment Rent	$766.00	$949.00	19.3%

Transportation

Item	Taylor	National avg.	Difference
Gasoline	$3.10	$3.46	10.4%
Tire Balancing	$67.93	$59.92	13.4%

Utilities

Item	Taylor	National avg.	Difference
All Electricity	$164.18	$193.99	15.4%
Phone	$186.90	$192.25	2.8%

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	Population	Cost of Living Index	National Avg.
Bradley, AR	617	78	22.0%
Cullen, LA	1,166	78	21.8%
Springhill, LA	4,851	82	18.5%
Sarepta, LA	912	82	18.3%
Shongaloo, LA	141	83	17.4%
Taylor, AR	875	83	17.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Hooper Bay, AK	875	96	4.0%
Walnut Grove, AL	875	83	17.3%
Acalanes Ridge, CA	875	268	168.2%
Worden, IL	875	86	14.4%
Crescent, LA	875	97	3.0%
Taylor, AR	875	83	17.2%