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Charleston, AR vs Ola, AR

62
Charleston
Arkansas
VS
+18.6%
52
Ola
Arkansas

There is a significant gap in the cost of living between these two cities. Ola is 18.6% cheaper than Charleston. With a cost index of 52 vs 62, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ola to Charleston should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charleston is $738/month compared to $504/month in Ola — a 46% difference. Home values follow the same pattern: Ola is more affordable at $66,700 median vs $116,500.

Median household income in Charleston is $60,058 compared to $40,250 in Ola (+49.2%). While Charleston is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Charleston spend roughly 14.7% of their income on rent, less than the 15% in Ola.

Income & Cost

Cost of Living Index
Charleston
62
Ola
52
16% cheaper
Median Household Income
Charleston
$60,058
33% higher
Ola
$40,250

Housing

Median Rent
Charleston
$738
Ola
$504
32% cheaper
Median Home Value
Charleston
$116,500
Ola
$66,700
43% cheaper
Population
Charleston
2,611
Ola
977

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Charleston $2.86
Ola $2.85
US $3.07
🥚
Eggs (grade A, large)
Charleston $2.33
Ola $2.33
US $2.50
🥛
Milk (whole)
Charleston $3.75
Ola $3.75
US $4.03
🍞
Bread (white)
Charleston $1.72
Ola $1.72
US $1.85
🍗
Chicken breast
Charleston $3.86
Ola $3.86
US $4.14
Electricity
Charleston $0.15
Ola $0.16
US $0.19