Cost of living in Batesville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Batesville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Arkansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Batesville is 83, with 100 being the average.
The cost of living index in Batesville is 0.8x lower than the national average.
Batesville ranks as the #28 cheapest in Arkansas out of 65.
Batesville ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Batesville is $123,000.
The median income in Batesville is $49,763.
According to the most recent data on the cost of living, Batesville has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Batesville has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Batesville ranks as #28 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Batesville ranks as the #37 most expensive place in the Natural State.
For more reading on life in Batesville, check out:
Six factors go into calculating the cost of living index in Batesville. Here is how it fairs on each of the criteria:
The Services index in Batesville is 98.
The Groceries index in Batesville is 92.
The Health index in Batesville is 93.
The Housing index in Batesville is 66.
The Transportation index in Batesville is 86.
The Utilities index in Batesville is 86.
Living Expense | Batesville | Arkansas | National Average | |
---|---|---|---|---|
Overall | 83 | 90 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 92 | 94 | 100 | |
Health | 93 | 85 | 100 | |
Housing | 66 | 76 | 100 | |
Transportation | 86 | 90 | 100 | |
Utilities | 86 | 95 | 100 |
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 2017-2021. The key points are:
The Median Home Value in Batesville is $123,000.
The Median Rent in Batesville is $706.
The Median Income in Batesville is $49,763.
The Home Value To Income in Batesville is 2.5x.
The Rent To Monthly Income in Batesville is 0.17x.
Statistic | Batesville | Arkansas | United States |
---|---|---|---|
Median Home Value | $123,000 | $142,100 | $244,900 |
Median Rent | $706 | $803 | $1,163 |
Median Income | $49,763 | $52,123 | $69,021 |
Home Value To Income | 2.5x | 2.7x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Batesville | Arkansas |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $9.83 | $10.68 |
Bowling | $12.67 | $14.67 |
Haircut | $16.61 | $18.62 |
Beauty Salon | $24.56 | $39.05 |
Item | Batesville | Arkansas |
---|---|---|
Ground Beef | $3.85 | $4.22 |
Fried Chicken | $1.21 | $1.39 |
Milk | $1.13 | $2.05 |
Potatoes | $2.92 | $3.29 |
Pizza | $9.26 | $10.62 |
Beer | $8.95 | $9.38 |
Toothpaste | $1.85 | $2.34 |
Item | Batesville | Arkansas |
---|---|---|
Optometrist | $94.44 | $108.57 |
Doctor | $106.1 | $116.17 |
Dentist | $91.17 | $99.13 |
Item | Batesville | Arkansas |
---|---|---|
Gasoline | $1.98 | $2.22 |
Tire Balancing | $42.31 | $50.07 |
Item | Batesville | Arkansas |
---|---|---|
All Electricity | $121.97 | $167.67 |
Phone | $196.55 | $175.64 |
The cost of living varies in the cities and towns around Batesville. Here's a quick look at the cost of living in the most populous nearby places:
Searcy, AR has a cost of living index of 82, 1.0x Batesville.
Newport, AR has a cost of living index of 81, 1.0x Batesville.
Pocahontas, AR has a cost of living index of 81, 1.0x Batesville.
City | Population | Cost Of Living | Vs. Batesville |
---|---|---|---|
Searcy, AR | 23,074 | 82 | 1.0x |
Newport, AR | 7,829 | 81 | 1.0x |
Pocahontas, AR | 7,269 | 81 | 1.0x |
Heber Springs, AR | 7,015 | 81 | 1.0x |