Cost of Living in Hickory Ridge, AR

A+
26%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
68%
Housing NAT. AVG.
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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 Hickory Ridge Arkansas National
Cost of living7486100
Goods & Services9598100
Groceries9595100
Health care7788100
Housing3265100
Transportation8890100
Utilities8992100
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Cost Of Living Quick Facts

  • The cost of living in Hickory Ridge is 14% lower than the Arkansas average
  • The cost of living in Hickory Ridge is 26% lower than the national average
  • Hickory Ridge housing is 68% 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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Compare Hickory Ridge, AR Cost of Living

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      Salary Calculator

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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$69,000$5,750$1,610$2,070
      Renters$20,500$1,708$478$615

      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 Hickory Ridge National avg. Difference
      Haircut $22.59$24.266.9%
      Beauty Salon $43.68$45.564.1%
      Toothpaste $3.59$3.703.0%
      Shampoo $1.06$1.2817.4%
      Movie $13.11$12.138.1%
      Bowling $14.38$18.0020.1%

      Groceries

      Item Hickory Ridge National avg. Difference
      Ground Beef $5.34$5.848.5%
      Fried Chicken $1.38$1.5712.4%
      Milk $4.52$4.673.3%
      Potatoes $5.34$4.938.3%
      Pizza $11.64$12.093.7%
      Beer $10.04$10.413.6%

      Health Care

      Item Hickory Ridge National avg. Difference
      Optometrist $113.05$125.6810.1%
      Doctor $121.20$135.7810.7%
      Dentist $93.91$113.2917.1%
      Ibuprofen $10.17$10.654.5%
      Lipitor $454.83$468.602.9%

      Housing

      Item Hickory Ridge National avg. Difference
      Home Price $46,300.00$184,700.0074.9%
      Avg. Mortgage Payment $2,005.46$2,346.6914.5%
      Apartment Rent $455.00$949.0052.1%

      Transportation

      Item Hickory Ridge National avg. Difference
      Gasoline $3.12$3.469.9%
      Tire Balancing $51.88$59.9213.4%

      Utilities

      Item Hickory Ridge National avg. Difference
      All Electricity $163.75$193.9915.6%
      Phone $204.07$192.256.1%
      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.
      Waldenburg, AR427029.9%
      Amagon, AR577129.5%
      Tupelo, AR427228.3%
      Patterson, AR3467525.2%
      Beedeville, AR567524.8%
      Hickory Ridge, AR2407426.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ardentown, DE24012120.5%
      East Gillespie, IL2408415.6%
      Kingston Mines, IL2408119.0%
      Ingalls, KS2408217.6%
      Jugtown, MD24014343.2%
      Hickory Ridge, AR2407426.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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