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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 $1.6K/month more in Raleigh, NC

$150.0K in your current city equals $168.9K in Raleigh, NC

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†‘ 21.0%
More expensive
Monthly Impact
$1,577
Extra cost
Annual Impact
$18.9K
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

Raleigh, NC

Population:474K
Cost Index:121
Median Home:$512K

Hot Springs, AR

The Natural State

38K
Population
State Tax
Yes

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

Raleigh, NC

The Tar Heel State

474K
Population
State Tax
Yes
Climate
Humid subtropical

Notable Facts

  • โ€ขResearch Triangle
  • โ€ขState capital
  • โ€ขMajor university town

Major Industries

TechnologyResearchEducationGovernment

Cost Breakdown by Category

Annual spending: Hot Springs, AR vs Raleigh, NC

๐Ÿ Housing
โ†‘ 59.5%
Hot Springs, AR
$1,548
Raleigh, NC
$2,469
Difference
$921
more
๐Ÿ“ฆOther
โ†‘ 9.4%
Hot Springs, AR
$1,560
Raleigh, NC
$1,707
Difference
$147
more
๐Ÿš—Transportation
โ†‘ 10.8%
Hot Springs, AR
$1,158
Raleigh, NC
$1,284
Difference
$126
more
๐ŸฅHealthcare
โ†‘ 18.2%
Hot Springs, AR
$508
Raleigh, NC
$601
Difference
$92.59
more
๐Ÿ›’Groceries
โ†‘ 5.8%
Hot Springs, AR
$907
Raleigh, NC
$959
Difference
$52.51
more
โšกAll Utilities
โ†‘ 6.8%
Hot Springs, AR
$512
Raleigh, NC
$546
Difference
$34.75
more

๐Ÿ Rent Comparison

Studio
From$515
To$1,570
โ†‘ $1,055
1 Bed
From$594
To$1,640
โ†‘ $1,046
2 Bed
From$713
To$1,800
โ†‘ $1,087
3 Bed
From$951
To$2,255
โ†‘ $1,304
Raleigh, NCZIP-level data

1BR range: $1,400โ€“$1,880/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
$7,567
Monthly in Raleigh, NC
$1,374
Difference

Home Values

Hot Springs
Raleigh
-
Median Value
$512K
-
YoY Change
โ†“ -0.5%
-
5-Year Change
โ†‘ +38.2%
-
Price Range
$314K - $992K

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $1.9K
Per year
Monthly Difference
$158
More take-home
Effective Rate Diff
1.3%
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

Raleigh, NC

Federal Income Tax
Effective: 18.9%
$25.5K
North Carolina State Tax
Effective: 4.8%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,822/month
$105.9K

Additional Tax Information

Hot Springs, AR Tax Rates

Sales Tax:9.4%
Property Tax:0.6%

Raleigh, NC Tax Rates

Sales Tax:7.1%
Property Tax:0.8%

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
Raleigh
55 Moderate
Air Quality
46 Good
34.4%
Good Air Days
61.7%
99 High
Climate Risk
96 High
๐ŸŒŠ๐ŸŒก๐Ÿซจ
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+2.8ยฐF
54 days
Heat Days >95ยฐF
31 days
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+2.8ยฐF
54 days
Heat Days >95ยฐF
31 days

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

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