Alpena, AR vs Hackett, AR

Alpena, AR and Hackett, AR have a very similar cost of living, with only a 0.9% difference in their overall index. Alpena scores 63 while Hackett scores 63 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 $760/month in Hackett — a 1% difference. Interestingly, home values tell a different story: while Hackett has cheaper rent, Alpena actually has lower median home values ($102,500 vs $125,400).

Median household income in Alpena is $47,500 compared to $50,365 in Hackett (-5.7%). While Hackett 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, more than the 18.1% in Hackett.