Berryville, AR vs Hot Springs Village, AR

There is a significant gap in the cost of living between these two cities. Berryville is 22.1% cheaper than Hot Springs Village. With a cost index of 68 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Berryville to Hot Springs Village should plan for substantially higher expenses across most categories.

On the housing front, median rent in Berryville is $798/month compared to $1,167/month in Hot Springs Village — a 32% difference. Home values follow the same pattern: Berryville is more affordable at $153,500 median vs $262,000.

Median household income in Berryville is $39,548 compared to $69,953 in Hot Springs Village (-43.5%). While Hot Springs Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Berryville spend roughly 24.2% of their income on rent, more than the 20% in Hot Springs Village.