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Bonanza, AR vs Scranton, AR

70
Bonanza
Arkansas
VS
+13.6%
62
Scranton
Arkansas

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.

Income & Cost

Cost of Living Index
Bonanza
70
Scranton
62
12% cheaper
Median Household Income
Bonanza
$59,583
Scranton
$75,000
21% higher

Housing

Median Rent
Bonanza
$952
Scranton
$708
26% cheaper
Median Home Value
Bonanza
$141,300
Scranton
$115,000
19% cheaper
Population
Bonanza
730
Scranton
245

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bonanza $2.86
Scranton
US $3.07
🥚
Eggs (grade A, large)
Bonanza $2.33
Scranton
US $2.50
🥛
Milk (whole)
Bonanza $3.75
Scranton
US $4.03
🍞
Bread (white)
Bonanza $1.72
Scranton
US $1.85
🍗
Chicken breast
Bonanza $3.86
Scranton
US $4.14
Electricity
Bonanza $0.15
Scranton
US $0.19