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Carthage, AR vs Grannis, AR

51
Carthage
Arkansas
VS
-17.9%
62
Grannis
Arkansas

There is a significant gap in the cost of living between these two cities. Carthage is 17.9% cheaper than Grannis. With a cost index of 51 vs 62, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carthage to Grannis should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carthage is $405/month compared to $757/month in Grannis — a 47% difference. Home values follow the same pattern: Carthage is more affordable at $88,300 median vs $92,200.

Median household income in Carthage is $21,429 compared to $64,450 in Grannis (-66.8%). While Grannis is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carthage spend roughly 22.7% of their income on rent, more than the 14.1% in Grannis.

Income & Cost

Cost of Living Index
Carthage
51
18% cheaper
Grannis
62
Median Household Income
Carthage
$21,429
Grannis
$64,450
67% higher

Housing

Median Rent
Carthage
$405
46% cheaper
Grannis
$757
Median Home Value
Carthage
$88,300
4% cheaper
Grannis
$92,200
Population
Carthage
170
Grannis
507

Salary Equivalency Calculator

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