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Caraway, AR vs Springfield, AR

51
Caraway
Arkansas
VS
-47.2%
96
Springfield
Arkansas

The cost of living difference between Caraway, AR and Springfield, AR is dramatic. Caraway is 47.2% cheaper than Springfield, a gap that translates to thousands of dollars per year in household expenses. Caraway has a cost index of 51 while Springfield sits at 96, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Median household income in Caraway is $41,667 compared to $72,426 in Springfield (-42.5%). The higher salaries in Springfield partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Caraway
51
47% cheaper
Springfield
96
Median Household Income
Caraway
$41,667
Springfield
$72,426
42% higher

Housing

Median Rent
Caraway
$481
Springfield
Median Home Value
Caraway
$73,800
Springfield
Population
Caraway
1,078
Springfield
377

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Caraway $2.85
Springfield
US $3.07
🥚
Eggs (grade A, large)
Caraway $2.33
Springfield
US $2.50
🥛
Milk (whole)
Caraway $3.75
Springfield
US $4.03
🍞
Bread (white)
Caraway $1.72
Springfield
US $1.85
🍗
Chicken breast
Caraway $3.86
Springfield
US $4.14
Electricity
Caraway $0.15
Springfield
US $0.19