Ash Flat, AR vs Colt, AR

Ash Flat, AR and Colt, AR have a very similar cost of living, with only a 3.1% difference in their overall index. Ash Flat scores 62 while Colt scores 60 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 Ash Flat is $783/month compared to $703/month in Colt — a 11% difference. Interestingly, home values tell a different story: while Colt has cheaper rent, Ash Flat actually has lower median home values ($87,200 vs $94,200).

Median household income in Ash Flat is $48,036 compared to $21,563 in Colt (+122.8%). While Ash Flat is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ash Flat spend roughly 19.6% of their income on rent, less than the 39.1% in Colt. The Ash Flat ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.