Cost of Living in Mineral Springs, AR

A+
16%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
46%
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 Mineral Springs Arkansas National
Cost of living8486100
Goods & Services10298100
Groceries9695100
Health care8988100
Housing5465100
Transportation8990100
Utilities9392100
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Cost Of Living Quick Facts

  • The cost of living in Mineral Springs is 2% lower than the Arkansas average
  • The cost of living in Mineral Springs is 16% lower than the national average
  • Mineral Springs housing is 46% 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 Mineral Springs, AR Cost of Living

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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$45,000$3,750$1,050$1,350
      Renters$31,250$2,604$729$938

      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 Mineral Springs National avg. Difference
      Haircut $26.67$24.269.9%
      Beauty Salon $54.14$45.5618.8%
      Toothpaste $3.75$3.701.3%
      Shampoo $1.07$1.2816.4%
      Movie $11.78$12.132.9%
      Bowling $17.78$18.001.2%

      Groceries

      Item Mineral Springs National avg. Difference
      Ground Beef $5.15$5.8411.8%
      Fried Chicken $1.39$1.5711.4%
      Milk $4.52$4.673.2%
      Potatoes $5.23$4.936.0%
      Pizza $10.47$12.0913.3%
      Beer $9.83$10.415.6%

      Health Care

      Item Mineral Springs National avg. Difference
      Optometrist $113.39$125.689.8%
      Doctor $185.50$135.7836.6%
      Dentist $94.42$113.2916.7%
      Ibuprofen $10.08$10.655.4%
      Lipitor $409.22$468.6012.7%

      Housing

      Item Mineral Springs National avg. Difference
      Home Price $84,300.00$184,700.0054.4%
      Avg. Mortgage Payment $1,950.05$2,346.6916.9%
      Apartment Rent $711.00$949.0025.1%

      Transportation

      Item Mineral Springs National avg. Difference
      Gasoline $3.10$3.4610.4%
      Tire Balancing $66.08$59.9210.3%

      Utilities

      Item Mineral Springs National avg. Difference
      All Electricity $166.58$193.9914.1%
      Phone $205.55$192.256.9%
      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.
      McNab, AR113973.2%
      Ozan, AR87973.2%
      Ben Lomond, AR977822.1%
      Yarborough Landing, AR4367920.5%
      Lockesburg, AR6218118.8%
      Mineral Springs, AR1,0518415.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Alhambra Valley, CA1,051216115.7%
      Hydesville, CA1,05114242.3%
      Janesville, IA1,0518614.2%
      Argenta, IL1,0518020.1%
      Ashley, IN1,0518416.1%
      Mineral Springs, AR1,0518415.9%
      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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