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Cave City, AR vs Cherry Valley, AR

60
Cave City
Arkansas
VS
-4.7%
63
Cherry Valley
Arkansas

Cave City, AR and Cherry Valley, AR have a very similar cost of living, with only a 4.7% difference in their overall index. Cave City scores 60 while Cherry Valley scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cave City is $636/month compared to $875/month in Cherry Valley — a 27% difference. Interestingly, home values tell a different story: while Cave City has cheaper rent, Cherry Valley actually has lower median home values ($79,100 vs $119,900).

Median household income in Cave City is $41,250 compared to $40,156 in Cherry Valley (+2.7%). Cave City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cave City spend roughly 18.5% of their income on rent, less than the 26.1% in Cherry Valley.

Income & Cost

Cost of Living Index
Cave City
60
5% cheaper
Cherry Valley
63
Median Household Income
Cave City
$41,250
3% higher
Cherry Valley
$40,156

Housing

Median Rent
Cave City
$636
27% cheaper
Cherry Valley
$875
Median Home Value
Cave City
$119,900
Cherry Valley
$79,100
34% cheaper
Population
Cave City
1,930
Cherry Valley
661

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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