Cost of Living Calculator - Hot Springs, Arkansas vs Parma, Missouri


The cost of living in Parma, Missouri is 17.9% cheaper than Hot Springs, Arkansas.

You would need a salary of $61,545 in Parma, Missouri to maintain the standard of living you have in Hot Springs, Arkansas.
Comparison highlights
• Overall, Parma, Missouri is cheaper than Hot Springs, Arkansas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
73% cheaper in Parma
than in Hot Springs, Arkansas
Hot Springs, AR vs Parma, MO
Compared to Hot Springs, Parma is:
  Homeowner
      No Child Care, Taxes not Considered
  17.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.0% lower
  Housing (Homeowner)
  62.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.2% lower
  Commute
  9.9% lower
  Health
  27.1% higher
  Taxes
  Childcare
  Personal
  6.7% lower

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