Alma, AR vs Holiday Island, AR

Alma, AR and Holiday Island, AR have a very similar cost of living, with only a 1.8% difference in their overall index. Alma scores 76 while Holiday Island scores 75 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 $870/month in Holiday Island — a 14% difference. Interestingly, home values tell a different story: while Holiday Island has cheaper rent, Alma actually has lower median home values ($197,200 vs $212,100).

Median household income in Alma is $58,320 compared to $52,700 in Holiday Island (+10.7%). 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, more than the 19.8% in Holiday Island.