Alma, AR vs Harrison, AR
There is a significant gap in the cost of living between these two cities. Harrison is 15.6% cheaper than Alma. With a cost index of 66 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Harrison to Alma should plan for substantially higher expenses across most categories.
On the housing front, median rent in Alma is $992/month compared to $703/month in Harrison — a 41% difference. Home values follow the same pattern: Harrison is more affordable at $165,000 median vs $197,200.
Median household income in Alma is $58,320 compared to $40,568 in Harrison (+43.8%). While Alma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 20.4% of their income on rent, less than the 20.8% in Harrison.
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