Cost of Living in Hot Springs Village, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.9
100 = national avg
+11.9 vs national average
Living Wage (1 Adult)
$49,233
per year
Living Wage (Family of 4)
$116,370
per year
Cost Index by Category
Housing123.8
Food103.5
Transportation106.9
Healthcare102.8
Utilities106.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$989
per month
2 Bedroom
$1,147
per month
The overall cost of living index in Hot Springs Village is 111.9, which is 11.9% above the national average. Housing costs are above the national average at an index of 123.8. A single adult needs to earn approximately $49,233 per year to cover basic expenses.