Caldwell, AR vs Midway, AR
Caldwell is moderately more affordable than Midway, with a 10.4% lower cost of living index. Caldwell scores 66 compared to 74 for Midway, where the US average is 100. This difference means residents of Midway can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Caldwell is $875/month compared to $1,043/month in Midway — a 16% difference. Home values follow the same pattern: Caldwell is more affordable at $108,800 median vs $140,600.
Median household income in Caldwell is $57,750 compared to $37,875 in Midway (+52.5%). Caldwell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Caldwell spend roughly 18.2% of their income on rent, less than the 33% in Midway. The Caldwell ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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