Alma, AR vs Eureka Springs, AR

Alma, AR and Eureka Springs, AR have a very similar cost of living, with only a 2.3% difference in their overall index. Alma scores 76 while Eureka Springs scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Alma is $992/month compared to $845/month in Eureka Springs — a 17% difference. Interestingly, home values tell a different story: while Eureka Springs has cheaper rent, Alma actually has lower median home values ($197,200 vs $246,900).

Median household income in Alma is $58,320 compared to $41,821 in Eureka Springs (+39.5%). Alma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alma spend roughly 20.4% of their income on rent, less than the 24.2% in Eureka Springs.