Altus, AR vs Mount Pleasant, AR
There is a significant gap in the cost of living between these two cities. Mount Pleasant is 15.5% cheaper than Altus. With a cost index of 52 vs 60, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mount Pleasant to Altus should plan for substantially higher expenses across most categories.
On the housing front, median rent in Altus is $657/month compared to $375/month in Mount Pleasant — a 75% difference. Interestingly, home values tell a different story: while Mount Pleasant has cheaper rent, Altus actually has lower median home values ($110,500 vs $116,700).
Median household income in Altus is $37,656 compared to $34,625 in Mount Pleasant (+8.8%). The higher salaries in Altus partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Altus spend roughly 20.9% of their income on rent, more than the 13% in Mount Pleasant.
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