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Altus, AR vs Shirley, AR

60
Altus
Arkansas
VS
+4.3%
58
Shirley
Arkansas

Altus, AR and Shirley, AR have a very similar cost of living, with only a 4.3% difference in their overall index. Altus scores 60 while Shirley 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 $625/month in Shirley — a 5% difference. Home values follow the same pattern: Shirley is more affordable at $92,000 median vs $110,500.

Median household income in Altus is $37,656 compared to $35,938 in Shirley (+4.8%). While Altus is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altus spend roughly 20.9% of their income on rent, less than the 20.9% in Shirley.

Income & Cost

Cost of Living Index
Altus
60
Shirley
58
4% cheaper
Median Household Income
Altus
$37,656
5% higher
Shirley
$35,938

Housing

Median Rent
Altus
$657
Shirley
$625
5% cheaper
Median Home Value
Altus
$110,500
Shirley
$92,000
17% cheaper
Population
Altus
857
Shirley
307

Salary Equivalency Calculator

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