Cabot, AR vs Greenwood, AR

Greenwood is moderately more affordable than Cabot, with a 11% lower cost of living index. Cabot scores 77 compared to 69 for Greenwood, where the US average is 100. This difference means residents of Cabot can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cabot is $974/month compared to $824/month in Greenwood — a 18% difference. Home values follow the same pattern: Greenwood is more affordable at $177,300 median vs $197,000.

Median household income in Cabot is $72,656 compared to $65,745 in Greenwood (+10.5%). The higher salaries in Cabot partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cabot spend roughly 16.1% of their income on rent, more than the 15% in Greenwood.