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Caraway, AR vs Wabbaseka, AR

51
Caraway
Arkansas
VS
-24.7%
67
Wabbaseka
Arkansas

There is a significant gap in the cost of living between these two cities. Caraway is 24.7% cheaper than Wabbaseka. With a cost index of 51 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caraway to Wabbaseka should plan for substantially higher expenses across most categories.

On the housing front, median rent in Caraway is $481/month compared to $1,049/month in Wabbaseka — a 54% difference. Interestingly, home values tell a different story: while Caraway has cheaper rent, Wabbaseka actually has lower median home values ($55,000 vs $73,800).

Median household income in Caraway is $41,667 compared to $36,174 in Wabbaseka (+15.2%). 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 34.8% in Wabbaseka. The Caraway ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Caraway
51
25% cheaper
Wabbaseka
67
Median Household Income
Caraway
$41,667
13% higher
Wabbaseka
$36,174

Housing

Median Rent
Caraway
$481
54% cheaper
Wabbaseka
$1,049
Median Home Value
Caraway
$73,800
Wabbaseka
$55,000
25% cheaper
Population
Caraway
1,078
Wabbaseka
391

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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