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Caraway, AR vs Strong, AR

51
Caraway
Arkansas
VS
-10.1%
56
Strong
Arkansas

Caraway is moderately more affordable than Strong, with a 10.1% lower cost of living index. Caraway scores 51 compared to 56 for Strong, where the US average is 100. This difference means residents of Strong can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Caraway is $481/month compared to $659/month in Strong — a 27% difference. Interestingly, home values tell a different story: while Caraway has cheaper rent, Strong actually has lower median home values ($66,400 vs $73,800).

Median household income in Caraway is $41,667 compared to $26,932 in Strong (+54.7%). Caraway offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Caraway spend roughly 13.9% of their income on rent, less than the 29.4% in Strong.

Income & Cost

Cost of Living Index
Caraway
51
10% cheaper
Strong
56
Median Household Income
Caraway
$41,667
35% higher
Strong
$26,932

Housing

Median Rent
Caraway
$481
27% cheaper
Strong
$659
Median Home Value
Caraway
$73,800
Strong
$66,400
10% cheaper
Population
Caraway
1,078
Strong
388

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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