Benton, AR vs Hot Springs Village, AR

Benton is moderately more affordable than Hot Springs Village, with a 10.2% lower cost of living index. Benton scores 78 compared to 87 for Hot Springs Village, where the US average is 100. This difference means residents of Hot Springs Village can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Benton is $1,003/month compared to $1,167/month in Hot Springs Village — a 14% difference. Home values follow the same pattern: Benton is more affordable at $199,400 median vs $262,000.

Median household income in Benton is $69,638 compared to $69,953 in Hot Springs Village (-0.5%). Hot Springs Village does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Benton spend roughly 17.3% of their income on rent, less than the 20% in Hot Springs Village.