What is the cost of living in Hot Springs Village, AR?
According to the most recent data on the cost of living, Hot Springs Village has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Arkansas, Hot Springs Village has a cost of living index that's 1.2x higher than Arkansas's index of 85.
The standard of living in Hot Springs Village ranks as #67 most affordable out of the 70 places we measured in Arkansas. By definition, that implies Hot Springs Village ranks as the #3 most expensive place in the Natural State.
For more reading on life in Hot Springs Village, check out:
Hot Springs Village Cost Of Living Vs. Arkansas
Six factors go into calculating the cost of living index in Hot Springs Village. Here is how it fares on each of the criteria:
The Services index in Hot Springs Village is 96.
The Groceries index in Hot Springs Village is 95.
The Health index in Hot Springs Village is 114.
The Housing index in Hot Springs Village is 96.
The Transportation index in Hot Springs Village is 92.
The Utilities index in Hot Springs Village is 91.
| Living Expense | Hot Springs Village | Arkansas | National Average |
|---|---|---|---|
| Overall | 102 | 85 | 100 |
| Services | 96 | 95 | 100 |
| Groceries | 95 | 93 | 100 |
| Health | 114 | 68 | 100 |
| Housing | 96 | 96 | 100 |
| Transportation | 92 | 92 | 100 |
| Utilities | 91 | 92 | 100 |
Hot Springs Village Cost Of Living Compared To Arkansas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Arkansas, check out:
Protect your home budget Compare home warranties in Hot Springs Village Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Hot Springs Village, AR Housing Cost Breakdown
Housing swings affordability the most between places in Arkansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Hot Springs Village is $304,866.
The Median Rent in Hot Springs Village is $1,209.
The Median Income in Hot Springs Village is $75,370.
The Home Value To Income in Hot Springs Village is 4.0x.
The Rent To Monthly Income in Hot Springs Village is 0.19x.
| Statistic | Hot Springs Village | Arkansas | United States |
|---|---|---|---|
| Median Home Value | $304,866 | $222,050 | $332,700 |
| Median Rent | $1,209 | $947 | $1,413 |
| Median Income | $75,370 | $60,773 | $80,734 |
| Home Value To Income | 4.0x | 3.7x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.21x |
Hot Springs Village, AR Costs By Category
Detailed Hot Springs Village Services costs vs. Arkansas
| Item | Hot Springs Village | Arkansas |
|---|---|---|
| Shampoo | $1.07 | $1.28 |
| Movie | $11.78 | $12.13 |
| Bowling | $17.78 | $18 |
| Haircut | $26.67 | $24.26 |
| Beauty Salon | $54.14 | $45.56 |
Detailed Hot Springs Village Groceries costs vs. Arkansas
| Item | Hot Springs Village | Arkansas |
|---|---|---|
| Ground Beef | $5.15 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.52 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $10.47 | $12.09 |
| Beer | $9.83 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Hot Springs Village Health costs vs. Arkansas
| Item | Hot Springs Village | Arkansas |
|---|---|---|
| Optometrist | $113.39 | $125.68 |
| Doctor | $185.5 | $135.78 |
| Dentist | $94.42 | $113.29 |
Detailed Hot Springs Village Transportation costs vs. Arkansas
| Item | Hot Springs Village | Arkansas |
|---|---|---|
| Gasoline | $3.1 | $3.46 |
| Tire Balancing | $66.08 | $59.92 |
Detailed Hot Springs Village Utilities costs vs. Arkansas
| Item | Hot Springs Village | Arkansas |
|---|---|---|
| All Electricity | $166.58 | $193.99 |
| Phone | $205.55 | $192.25 |
