Caddo Valley, AR vs Lake Hamilton, AR

There is a significant gap in the cost of living between these two cities. Caddo Valley is 28.9% cheaper than Lake Hamilton. With a cost index of 63 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caddo Valley to Lake Hamilton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Caddo Valley is $720/month compared to $806/month in Lake Hamilton — a 11% difference. Home values follow the same pattern: Caddo Valley is more affordable at $121,500 median vs $411,000.

Median household income in Caddo Valley is $56,000 compared to $87,870 in Lake Hamilton (-36.3%). While Lake Hamilton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caddo Valley spend roughly 15.4% of their income on rent, more than the 11% in Lake Hamilton.