Benton, AR vs Siloam Springs, AR

Benton, AR and Siloam Springs, AR have a very similar cost of living, with only a 1% difference in their overall index. Benton scores 78 while Siloam Springs scores 77 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 Benton is $1,003/month compared to $941/month in Siloam Springs — a 7% difference. Interestingly, home values tell a different story: while Siloam Springs has cheaper rent, Benton actually has lower median home values ($199,400 vs $205,000).

Median household income in Benton is $69,638 compared to $65,725 in Siloam Springs (+6%). While Benton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benton spend roughly 17.3% of their income on rent, more than the 17.2% in Siloam Springs.