Bonanza, AR vs Scranton, AR
Scranton is moderately more affordable than Bonanza, with a 13.6% lower cost of living index. Bonanza scores 70 compared to 62 for Scranton, where the US average is 100. This difference means residents of Bonanza can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Bonanza is $952/month compared to $708/month in Scranton — a 35% difference. Home values follow the same pattern: Scranton is more affordable at $115,000 median vs $141,300.
Median household income in Bonanza is $59,583 compared to $75,000 in Scranton (-20.6%). Scranton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bonanza spend roughly 19.2% of their income on rent, more than the 11.3% in Scranton.
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