Cost of Living in Hot Springs, AR
2024 data from the Bureau of Economic Analysis
Cost Index
85.7
14.3% below avg
Housing Index
57.3
Median Income
$54,229
Median Rent
$913/mo
Cost Breakdown
Overall85.7 (-14.3%)
Housing57.3 (-42.7%)
Goods93.6 (-6.4%)
Utilities74.3 (-25.7%)
Other Services95.3 (-4.7%)
National average = 100
Income & Housing
Median Household Income
$54,229/year
Median Home Value
$166,600
Median Monthly Rent
$913/mo
Per Capita Income
$31,854/year
Compare Hot Springs, AR With
Hot Springs, AR vs Joplin, MOHot Springs, AR vs Alexandria, LAHot Springs, AR vs Gadsden, ALHot Springs, AR vs Lake Charles, LAHot Springs, AR vs Jonesboro, ARHot Springs, AR vs Fort Smith, ARHot Springs, AR vs McAllen, TXHot Springs, AR vs Johnstown, PAHot Springs, AR vs Jackson, TNHot Springs, AR vs Lawton, OK
Frequently Asked Questions
Is Hot Springs, AR expensive to live in?
Hot Springs, AR has a cost of living index of 85.7, which is 14.3% below the national average.
How much does housing cost in Hot Springs, AR?
Housing costs in Hot Springs, AR are indexed at 57.3 compared to the national average of 100. The median monthly rent is $913.
What is the average income in Hot Springs, AR?
The median household income in Hot Springs, AR is $54,229 per year.
What is the average home price in Hot Springs, AR?
The median home value in Hot Springs, AR is $166,600.