Alpena, AR vs Diaz, AR
Alpena, AR and Diaz, AR have a very similar cost of living, with only a 0.6% difference in their overall index. Alpena scores 63 while Diaz scores 62 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 Alpena is $765/month compared to $800/month in Diaz — a 4% difference. Interestingly, home values tell a different story: while Alpena has cheaper rent, Diaz actually has lower median home values ($85,200 vs $102,500).
Median household income in Alpena is $47,500 compared to $46,473 in Diaz (+2.2%). While Alpena is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alpena spend roughly 19.3% of their income on rent, less than the 20.7% in Diaz.
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