Altus, AR vs Hickory Ridge, AR

Altus, AR and Hickory Ridge, AR have a very similar cost of living, with only a 2.7% difference in their overall index. Altus scores 60 while Hickory Ridge scores 58 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 Altus is $657/month compared to $765/month in Hickory Ridge — a 14% difference. Interestingly, home values tell a different story: while Altus has cheaper rent, Hickory Ridge actually has lower median home values ($51,000 vs $110,500).

Median household income in Altus is $37,656 compared to $45,500 in Hickory Ridge (-17.2%). Hickory Ridge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Altus spend roughly 20.9% of their income on rent, more than the 20.2% in Hickory Ridge.