Hot Springs Village has been named the most affordable small town in Arkansas, according to Business Insider and msn.com. The study says that more than 79% of the homes in Hot Springs Village are affordable.
Affordable homes are just one reason the cost of living in Hot Springs Village is so low. People who live here pay much lower property taxes than they did in big cities, and Social Security, Military pensions, inheritances and estates and railroad retirement benefits are not subject to Arkansas state income tax. Read more about why Hot Springs Village made the list here.
To compare the cost of Hot Springs Village to another community, use our Cost of Living Calculator.