Cost Of Living in Dermott, AR

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	Dermott	Arkansas	National
Cost of living	75	86	100
Goods & Services	88	98	100
Groceries	94	95	100
Health care	103	88	100
Housing	44	65	100
Transportation	88	90	100
Utilities	78	92	100

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Cost Of Living Quick Facts

The cost of living in Dermott is 12% lower than the Arkansas average
The cost of living in Dermott is 25% lower than the national average
Dermott housing is 56% 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	$31,667	$2,639	$739	$950
Renters	$17,266	$1,439	$403	$518

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	Dermott	National avg.	Difference
Haircut	$23.22	$24.26	4.3%
Beauty Salon	$46.11	$45.56	1.2%
Toothpaste	$3.52	$3.70	4.9%
Shampoo	$1.33	$1.28	3.9%
Movie	$12.98	$12.13	7.0%
Bowling	$20.00	$18.00	11.1%

Groceries

Item	Dermott	National avg.	Difference
Ground Beef	$6.31	$5.84	8.0%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.61	$4.67	1.3%
Potatoes	$5.17	$4.93	4.8%
Pizza	$10.99	$12.09	9.1%
Beer	$9.63	$10.41	7.5%

Health Care

Item	Dermott	National avg.	Difference
Optometrist	$110.11	$125.68	12.4%
Doctor	$173.89	$135.78	28.1%
Dentist	$128.33	$113.29	13.3%
Ibuprofen	$10.39	$10.65	2.5%
Lipitor	$524.60	$468.60	12.0%

Housing

Item	Dermott	National avg.	Difference
Home Price	$69,400.00	$184,700.00	62.4%
Avg. Mortgage Payment	$3,477.84	$2,346.69	48.2%
Apartment Rent	$556.00	$949.00	41.4%

Transportation

Item	Dermott	National avg.	Difference
Gasoline	$3.15	$3.46	9.0%
Tire Balancing	$56.44	$59.92	5.8%

Utilities

Item	Dermott	National avg.	Difference
All Electricity	$126.52	$193.99	34.8%
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.
Jerome, AR	42	89	11.5%
Reed, AR	118	79	21.4%
Tillar, AR	223	82	17.8%
Arkansas City, AR	487	75	24.8%
Lake Village, AR	2,258	76	24.5%
Dermott, AR	2,807	75	24.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
K. I. Sawyer, MI	2,807	79	20.9%
Harveys Lake, PA	2,807	104	4.3%
Luzerne, PA	2,806	86	13.9%
Markstay-Warren, ON	2,806	n/a
Hamilton, IL	2,808	86	13.8%
Dermott, AR	2,807	75	24.9%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Dermott, AR