Camden, AR vs Elkins, AR

There is a significant gap in the cost of living between these two cities. Camden is 29.4% cheaper than Elkins. With a cost index of 61 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Camden to Elkins should plan for substantially higher expenses across most categories.

On the housing front, median rent in Camden is $704/month compared to $1,293/month in Elkins — a 46% difference. Home values follow the same pattern: Camden is more affordable at $108,800 median vs $190,100.

Median household income in Camden is $51,300 compared to $81,111 in Elkins (-36.8%). While Elkins is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Camden spend roughly 16.5% of their income on rent, less than the 19.1% in Elkins.