A Breakdown of the Cost of Living in Hot Springs, AR
- Housing in Hot Springs is 17% lower than US average. A median home price of $440,915 versus $532,491 gives you more affordability and greater flexibility when planning for long-term homeownership.
- Renting in Hot Springs is 11.5% lower than US average. With median rent at $1,210 per month versus $1,367, you often find better value across different neighborhoods and housing types.
- Utilities in Hot Springs are 2% lower than US average. Lower electricity costs of $193.82 and phone bills near $209.21 help reduce recurring monthly expenses.
- Food and grocery prices in Hot Springs are 2% higher than US average. Everyday items, such as milk at $4.66 per gallon and bread at $3.99 per loaf, contribute to higher weekly grocery bills.
- Transportation costs in Hot Springs are 10.57% higher than US average. With gas prices at $2.81 per gallon, along with insurance and maintenance, commuting can quickly become a significant expense.
- Healthcare costs in Hot Springs are 6.8% higher than U.S. average. Doctor visits at $214.29 and dental checkups averaging $101.86 can increase out-of-pocket medical expenses.
- Miscellaneous expenses in Hot Springs are 9.99% higher than US average. From entertainment to personal services and dining out, these everyday extras tend to add up faster. Costs for entertainment, personal services, and dining out can add up fast.
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Data provided by Redfin, a national real estate brokerage.



