Hot Springs, AR Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
87
Hot Springs's Overall Cost Of Living
0.9x
Lower Than The National Average
47 out of 65
In Arkansas
1,101 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Hot Springs is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Hot Springs, AR?

According to the most recent data on the cost of living, Hot Springs has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only Arkansas, Hot Springs has a cost of living index that's 1.0x higher than Arkansas's index of 85.

The standard of living in Hot Springs ranks as #1,101 most affordable out of the 6,418 places we measured in Arkansas. By definition, that implies Hot Springs ranks as the #5,317 most expensive place in the Natural State.

For more reading on life in Hot Springs, check out:

Hot Springs Cost Of Living Vs. Arkansas

Living Expense Hot Springs Arkansas National Average
Overall 87 85 100
Services 102 97 100
Groceries 93 92 100
Health 85 88 100
Housing 64 66 100
Transportation 79 87 100
Utilities 96 93 100
For more reading on cost of living around Arkansas, check out:
Hot Springs Cost of Living Vs. AR

Hot Springs, AR Housing Cost Breakdown

Housing swings affordability the most between places in Arkansas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$127,500
Median Home Value
$749
Median Rent
$40,125
Median Income
Statistic Hot Springs Arkansas United States
Median Home Value $127,500 $133,600 $229,800
Median Rent $749 $760 $1,096
Median Income $40,125 $49,475 $64,994
Home Value To Income 3.2x 2.7x 3.5x
Rent To Monthly Income 0.22x 0.18x 0.2x

Detailed Hot Springs Services Costs Vs. Arkansas

Item Hot Springs Arkansas
Shampoo $0.96 $1.06
Movie $9.95 $10.68
Bowling $13.75 $14.67

Detailed Hot Springs Groceries Costs Vs. Arkansas

Item Hot Springs Arkansas
Ground Beef $3.36 $4.22
Fried Chicken $1.34 $1.39
Milk $1.95 $2.05

Detailed Hot Springs Health Costs Vs. Arkansas

Item Hot Springs Arkansas
Haircut $15.25 $18.62
Beauty Salon $33.34 $39.05
Toothpaste $1.9 $2.34

Detailed Hot Springs Transportation Costs Vs. Arkansas

Item Hot Springs Arkansas
Potatoes $2.7 $3.29
Pizza $13.67 $10.62
Beer $9.72 $9.38
Optometrist $150.2 $108.57
Doctor $89.33 $116.17
Dentist $75.83 $99.13

Detailed Hot Springs Utilities Costs Vs. Arkansas

Item Hot Springs Arkansas
Gasoline $1.95 $2.22
Tire Balancing $30.13 $50.07
All Electricity $143.18 $167.67
Phone $198.05 $175.64

Hot Springs SnackAbility

3
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
6
Diversity
8.5
Safety
3
Amenities
8
Education
6
Commute
9

Cost Of Living In Cities Around Hot Springs

City Population Cost Of Living Vs. Hot Springs
Little Rock, AR 198,067 96 1.1x
Benton, AR 36,360 93 1.1x
Bryant, AR 20,563 95 1.1x
Maumelle, AR 18,193 102 1.2x
Malvern, AR 10,886 81 0.9x
Arkadelphia, AR 10,670 84 1.0x
Morrilton, AR 6,638 78 0.9x
East End, AR 6,150 87 1.0x

Articles About Arkansas

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