Bonanza, AR vs St. Charles, AR

Bonanza, AR and St. Charles, AR have a very similar cost of living, with only a 4.8% difference in their overall index. Bonanza scores 70 while St. Charles scores 67 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 Bonanza is $952/month compared to $905/month in St. Charles — a 5% difference. Home values follow the same pattern: St. Charles is more affordable at $105,600 median vs $141,300.

Median household income in Bonanza is $59,583 compared to $63,173 in St. Charles (-5.7%). St. Charles 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 17.2% in St. Charles.