Caraway, AR vs Poyen, AR

There is a significant gap in the cost of living between these two cities. Caraway is 21.4% cheaper than Poyen. With a cost index of 51 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caraway to Poyen should plan for substantially higher expenses across most categories.

On the housing front, median rent in Caraway is $481/month compared to $800/month in Poyen — a 40% difference. Home values follow the same pattern: Caraway is more affordable at $73,800 median vs $109,600.

Median household income in Caraway is $41,667 compared to $68,750 in Poyen (-39.4%). While Poyen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caraway spend roughly 13.9% of their income on rent, less than the 14% in Poyen.