Caldwell, AR vs Oak Grove Heights, AR
Caldwell, AR and Oak Grove Heights, AR have a very similar cost of living, with only a 4% difference in their overall index. Caldwell scores 66 while Oak Grove Heights scores 69 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 Caldwell is $875/month compared to $829/month in Oak Grove Heights — a 6% difference. Interestingly, home values tell a different story: while Oak Grove Heights has cheaper rent, Caldwell actually has lower median home values ($108,800 vs $171,000).
Median household income in Caldwell is $57,750 compared to $83,578 in Oak Grove Heights (-30.9%). While Oak Grove Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caldwell spend roughly 18.2% of their income on rent, more than the 11.9% in Oak Grove Heights.
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