Alpena, AR vs Mineral Springs, AR

Alpena is moderately more affordable than Mineral Springs, with a 6.6% lower cost of living index. Alpena scores 63 compared to 67 for Mineral Springs, where the US average is 100. This difference means residents of Mineral Springs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alpena is $765/month compared to $831/month in Mineral Springs — a 8% difference. Home values follow the same pattern: Alpena is more affordable at $102,500 median vs $132,500.

Median household income in Alpena is $47,500 compared to $54,931 in Mineral Springs (-13.5%). While Mineral Springs 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 18.2% in Mineral Springs.