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Cost of Living Comparison 2026

๐Ÿ“ Hot Springs, AR โ€” COL adjusted from Memphis, TN area + state data

$

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You'd spend $2.8K/month more in Denver, CO

$150.0K in your current city equals $183.5K in Denver, CO

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 37.2%
More expensive
Monthly Impact
$2,794
Extra cost
Annual Impact
$33.5K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Hot Springs, AR

Population:38K
Cost Index:100
Median Home:$129K

Denver, CO

Population:716K
Cost Index:137
Median Home:$513K

Hot Springs, AR

The Natural State

38K
Population
State Tax
Yes

Located in Arkansas, this city has a population of 38K residents.

Denver, CO

The Centennial State

716K
Population
State Tax
Yes
Climate
Semi-arid

Notable Facts

  • โ€ขMile-high city (5,280 ft)
  • โ€ขOutdoor recreation hub
  • โ€ขMajor cannabis market

Major Industries

AerospaceTechnologyEnergyTourism

Cost Breakdown by Category

Annual spending: Hot Springs, AR vs Denver, CO

๐Ÿ Housing
โ†‘ 109.9%
Hot Springs, AR
$1,548
Denver, CO
$3,248
Difference
$1,701
more
๐Ÿš—Transportation
โ†‘ 26.2%
Hot Springs, AR
$1,158
Denver, CO
$1,462
Difference
$303
more
๐Ÿ“ฆOther
โ†‘ 13.7%
Hot Springs, AR
$1,560
Denver, CO
$1,774
Difference
$214
more
๐ŸฅHealthcare
โ†‘ 24.3%
Hot Springs, AR
$508
Denver, CO
$632
Difference
$124
more
๐Ÿ›’Groceries
โ†‘ 13.5%
Hot Springs, AR
$907
Denver, CO
$1,029
Difference
$122
more
โšกAll Utilities
โ†‘ 1.5%
Hot Springs, AR
$512
Denver, CO
$519
Difference
$7.43
more

๐Ÿ›๏ธ Local Income Taxes

Denver, CO: Denver Head Tax ($5.75/mo, negligible)$69.00/yr (0.0%)

Hot Springs, AR has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$515
To$1,720
โ†‘ $1,205
1 Bed
From$594
To$1,840
โ†‘ $1,246
2 Bed
From$713
To$2,190
โ†‘ $1,477
3 Bed
From$951
To$2,870
โ†‘ $1,919
Denver, COZIP-level data

1BR range: $1,620โ€“$2,540/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,193
Monthly in Hot Springs, AR
$8,665
Monthly in Denver, CO
$2,472
Difference

Home Values

Hot Springs
Denver
-
Median Value
$513K
-
YoY Change
โ†“ -4.2%
-
5-Year Change
โ†‘ +13%
-
Price Range
$352K - $933K

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $2.4K
Per year
Monthly Difference
$202
More take-home
Effective Rate Diff
1.6%
Rate difference

Hot Springs, AR

Federal Income Tax
Effective: 18.9%
$25.5K
Arkansas State Tax
Effective: 6.0%
$9.0K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.7%
$46.0K
Take-Home Pay
$8,664/month
$104.0K

Denver, CO

Federal Income Tax
Effective: 18.9%
$25.5K
Colorado State Tax
Effective: 4.4%
$6.6K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.1%
$43.6K
Take-Home Pay
$8,866/month
$106.4K

Additional Tax Information

Hot Springs, AR Tax Rates

Sales Tax:9.4%
Property Tax:0.6%

Denver, CO Tax Rates

Sales Tax:7.8%
Property Tax:0.5%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Hot Springs
Denver
55 Moderate
Air Quality
55 Moderate
34.4%
Good Air Days
35.2%
99 High
Climate Risk
95 High
๐ŸŒŠ๐ŸŒก๐Ÿซจ
Top Hazards
๐ŸŒŠ๐ŸŒช๐Ÿ’จ
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+3.3ยฐF
54 days
Heat Days >95ยฐF
28 days
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+3.3ยฐF
54 days
Heat Days >95ยฐF
28 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Arkansas and Colorado on TaxTakeHome.com

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