Hot Springs, AR
Discover how far your salary goes in Hot Springs. Compare taxes, rent, and living costs.
37,930
5.5%
$931
/month
-33%
below avg
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Rent Prices in Hot Springs
Studio
$745
/month
$8,940/year
1 Bedroom
$931
/month
$11,172/year
2 Bedroom
$1,257
/month
$15,084/year
3 Bedroom
$1,629
/month
$19,548/year
Taxes in Arkansas
State Income Tax
Arkansas
For a $100k salary, that's ~$5,500/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workFrequently Asked Questions
What is the cost of living in Hot Springs, AR?▼
Hot Springs has a cost of living index of 79, which is 21% below the national average. A 1-bedroom apartment costs around $931/month.
What is the state income tax in Arkansas?▼
Arkansas has a state income tax rate of approximately 5.5%. This is in addition to federal income tax.
How much is rent in Hot Springs?▼
The median rent for a 1-bedroom apartment in Hot Springs is $931/month. For a 2-bedroom, expect to pay around $1,257/month. This is 33% below the national average.
Is Hot Springs a good place to live?▼
Hot Springs is a town with a population of 37,930. The cost of living is very affordable, making it more affordable than average for the US.
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