Are you considering a move to Hot Springs, Arkansas, United States, and wondering about the cost of living? Hot Springs, Arkansas is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Hot Springs, Arkansas and help you understand whether $2090 per month is moderately priced, given the average monthly salary of $None.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
20.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
65.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
9.5 $ |
|
|
Domestic Beer (1 pint draught) |
5.0 $ |
|
|
Imported Beer (12 oz small bottle) |
6.25 $ |
|
|
Cappuccino (regular) |
4.67 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
2.42 $ |
|
|
Water (12 oz small bottle) |
1.75 $ |
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Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.0 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
2.75 $ |
|
|
Rice (white), (1 lb) |
3.2 $ |
|
|
Eggs (regular) (12) |
2.18 $ |
|
|
Local Cheese (1 lb) |
7.72 $ |
|
|
Chicken Fillets (1 lb) |
13.22 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
18.73 $ |
|
|
Apples (1 lb) |
3.81 $ |
|
|
Banana (1 lb) |
1.57 $ |
|
|
Oranges (1 lb) |
4.6 $ |
|
|
Tomato (1 lb) |
3.56 $ |
|
|
Potato (1 lb) |
3.09 $ |
|
|
Onion (1 lb) |
3.08 $ |
|
|
Lettuce (1 head) |
1.9 $ |
|
|
Water (1.5 liter bottle) |
1.57 $ |
|
|
Bottle of Wine (Mid-Range) |
7.5 $ |
|
|
Domestic Beer (0.5 liter bottle) |
-- |
|
|
Imported Beer (12 oz small bottle) |
3.0 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
7.0 $ |
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Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
1.25 $ |
|
|
Monthly Pass (Regular Price) |
29.0 $ |
|
|
Taxi Start (Normal Tariff) |
3.55 $ |
|
|
Taxi 1 mile (Normal Tariff) |
3.42 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
15.0 $ |
|
|
Gasoline (1 gallon) |
0.79 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
17997.5 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21614.56 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
-- |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
68.75 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
-- |
|
|
Tennis Court Rent (1 Hour on Weekend) |
-- |
|
|
Cinema, International Release, 1 Seat |
9.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
600.0 $ |
|
|
International Primary School, Yearly for 1 Child |
-- |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
40.0 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.0 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
79.0 $ |
|
|
1 Pair of Men Leather Business Shoes |
90.0 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
600.0 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
400.0 $ |
|
|
Apartment (3 bedrooms) in City Centre |
1000.0 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
825.0 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
-- |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
-- |
|
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Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
-- |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.7 % |
|
The monthly expenses for living in Hot Springs, Arkansas come to a total of approximately $2090. This includes an average monthly rent of around $600 for a one-bedroom apartment in the city center, along with utilities costing about $34 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $940 per month.
Living in Hot Springs, Arkansas appears to be relatively budget-friendly when considering the average monthly income of $None. However, to enjoy a comfortable standard of living in Hot Springs, Arkansas, you would likely need an income exceeding $None.
In Hot Springs, Arkansas, the average monthly post-tax salary hovers around $None, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Hot Springs, Arkansas is approximately $600. If you're open to living in a location outside the city center, you can expect to pay around $400.0 for such an apartment.
The expense for groceries in Hot Springs, Arkansas can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $712 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
Hot Spring is rated as one of the Top 50 Most Dangerous Cities in America. Those ratings come based on the FBI crime data that is organized after local police submit their data. When you look at the number of crimes vs the population, the crime numbers are incredibly high. When you consider the 1.5 visitors each year, the numbers go down. We will give this a medium risk because there are concerning crime rates that impact tourists.
You'll use Intracity Transit to get around town on the public bus system. Taxis and rideshares are available. The park area is very walkable with a lot of activities in one central spot, but there are other attractions outside the park area worth visiting too, so having a car would be ideal, so you can move at your own pace.
There's a low risk of being pickpocketed, as just one was reported in 2020. That struck me as odd, so I did some digging. The crime reports showed a category of theft called "All Other" and there were 994 thefts in that area. How does it impact you? The crimes in the "other" category include items stolen from recreational vehicles, tents, and boats. This is a 1 in 37 risk. Be very careful here with things you leave near an RV or campsite.
The historic severe storm of April 2011 hit Hot Springs. The EF-3 caused a lot of destruction and took the life of an 8-month-old baby. You have to take the severe weather season seriously here. There's a high risk during spring and medium risk the rest of the year. Ice storms in the winter can cause a crippling effect on transportation of any kind. Flash flooding is another concern. Be weather aware in this beautiful area as the weather is one of the ugly sides of this location.
Seven robberies happened in public in 2020, which isn't very high, but it's also a good reminder to keep valuables at home and don't carry a lot of cash. If you are confronted, don't fight back. It's not worth risking your life for a purse or backpack.
There's a low risk of terrorism here. While it's a big tourist destination, nothing about it makes it a hard target for terrorists.
I would think there would be more scams in a busy tourist area, but there aren't any being reported now or recently. The majority of scams are calls claiming to be a police officer and demanding money or you'll be arrested, but those impact locals. There's a low risk, but don't let your guard down. If something seems too good to be true, it always is.
Women flock here for the spas and girlfriend getaways and are catered to, so there's a low risk of anything happening to a woman that couldn't impact a man. There were 39 rapes reported in 2020, so be sure to travel in groups. Don't drink too much if you can't make good decisions, and don't ever take a drink you didn't see opened or poured.
Considering you can drink the water right out of the ground here, there's a low risk in the water. To be sure, I checked the 2020 Water Quality Report and, sure enough, it meets or exceeds all standards of the state and EPA and has no violations.
You won't have to go through Visa processing in Hot Spring as it's handled at the airport. You'll need an ID to drink, rent boats, and gamble.
You'll use the U.S. Dollar here. The casinos take credit cards for the spa, hotel, and dining, but you'll need cash to play the machines or try the table games. Don't carry around a lot of cash with you, and if you can avoid using the casino ATMs, that's ideal. Those machines have very high per-use fees.
You've got to be wary of severe weather in the spring, but tornadoes can also happen in the summer or fall. Early winter is the secondary severe storm season because of all the hot and cold air bumping around in the atmosphere. Winter can also bring ice storms to this area, and with hilly roads surrounding the town, travel will be halted. There's just no safe way to drive on ice.
The option that makes the most sense is the Little Rock Airport, which is about an hour east. The Memphis Airport would be a three-hour drive, which isn't too bad, either.
The weather here is dangerous and unpredictable at times, so get travel insurance on your trip to Hot Springs, Arkansas.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 52°F | 56°F | 65°F | 73°F | 80°F | 88°F | 92°F | 91°F | 85°F | 74°F | 62°F | 53°F |
| Temp | 41°F | 45°F | 53°F | 62°F | 70°F | 78°F | 81°F | 81°F | 73°F | 62°F | 52°F | 43°F |
| Low | 33°F | 36°F | 44°F | 52°F | 61°F | 69°F | 72°F | 71°F | 63°F | 52°F | 43°F | 36°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 11°C | 13°C | 18°C | 22°C | 26°C | 31°C | 33°C | 32°C | 29°C | 23°C | 16°C | 11°C |
| Temp | 5°C | 7°C | 11°C | 16°C | 21°C | 25°C | 27°C | 27°C | 22°C | 16°C | 11°C | 6°C |
| Low | 0°C | 2°C | 6°C | 11°C | 16°C | 20°C | 22°C | 21°C | 17°C | 11°C | 6°C | 2°C |