Cost of living in Springdale 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 Springdale 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 Springdale is 85, with 100 being the average.
The cost of living index in Springdale is 0.8x lower than the national average.
Springdale ranks as the #39 cheapest in Arkansas out of 65.
Springdale ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Springdale is $169,700.
The median income in Springdale is $56,144.
According to the most recent data on the cost of living, Springdale has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Arkansas, Springdale has a cost of living index that's 0.9x lower than Arkansas's index of 90.
The standard of living in Springdale ranks as #39 most affordable out of the 65 places we measured in Arkansas. By definition, that implies Springdale ranks as the #26 most expensive place in the Natural State.
For more reading on life in Springdale, check out:
Six factors go into calculating the cost of living index in Springdale. Here is how it fairs on each of the criteria:
The Services index in Springdale is 87.
The Groceries index in Springdale is 90.
The Health index in Springdale is 80.
The Housing index in Springdale is 75.
The Transportation index in Springdale is 96.
The Utilities index in Springdale is 95.
Living Expense | Springdale | Arkansas | National Average | |
---|---|---|---|---|
Overall | 85 | 90 | 100 | |
Services | 87 | 98 | 100 | |
Groceries | 90 | 94 | 100 | |
Health | 80 | 85 | 100 | |
Housing | 75 | 76 | 100 | |
Transportation | 96 | 90 | 100 | |
Utilities | 95 | 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 Springdale is $169,700.
The Median Rent in Springdale is $859.
The Median Income in Springdale is $56,144.
The Home Value To Income in Springdale is 3.0x.
The Rent To Monthly Income in Springdale is 0.18x.
Statistic | Springdale | Arkansas | United States |
---|---|---|---|
Median Home Value | $169,700 | $142,100 | $244,900 |
Median Rent | $859 | $803 | $1,163 |
Median Income | $56,144 | $52,123 | $69,021 |
Home Value To Income | 3.0x | 2.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Springdale | Arkansas |
---|---|---|
Shampoo | $0.88 | $1.06 |
Movie | $10.0 | $10.68 |
Bowling | $15.0 | $14.67 |
Haircut | $17.88 | $18.62 |
Beauty Salon | $35.0 | $39.05 |
Item | Springdale | Arkansas |
---|---|---|
Ground Beef | $4.6 | $4.22 |
Fried Chicken | $1.01 | $1.39 |
Milk | $1.64 | $2.05 |
Potatoes | $3.56 | $3.29 |
Pizza | $6.66 | $10.62 |
Beer | $9.26 | $9.38 |
Toothpaste | $1.67 | $2.34 |
Item | Springdale | Arkansas |
---|---|---|
Optometrist | $67.5 | $108.57 |
Doctor | $80.0 | $116.17 |
Dentist | $72.5 | $99.13 |
Item | Springdale | Arkansas |
---|---|---|
Gasoline | $2.08 | $2.22 |
Tire Balancing | $46.5 | $50.07 |
Item | Springdale | Arkansas |
---|---|---|
All Electricity | $145.38 | $167.67 |
Phone | $198.43 | $175.64 |
The cost of living varies in the cities and towns around Springdale. Here's a quick look at the cost of living in the most populous nearby places:
Fayetteville, AR has a cost of living index of 93, 1.1x Springdale.
Rogers, AR has a cost of living index of 87, 1.0x Springdale.
Bentonville, AR has a cost of living index of 89, 1.0x Springdale.
City | Population | Cost Of Living | Vs. Springdale |
---|---|---|---|
Fayetteville, AR | 92,070 | 93 | 1.1x |
Rogers, AR | 68,340 | 87 | 1.0x |
Bentonville, AR | 52,565 | 89 | 1.0x |
Centerton, AR | 17,455 | 88 | 1.0x |
Lowell, AR | 9,630 | 86 | 1.0x |
Farmington, AR | 7,601 | 90 | 1.1x |