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Cherry Valley, AR vs Hazen, AR

63
Cherry Valley
Arkansas
VS
-6.2%
67
Hazen
Arkansas

Cherry Valley is moderately more affordable than Hazen, with a 6.2% lower cost of living index. Cherry Valley scores 63 compared to 67 for Hazen, where the US average is 100. This difference means residents of Hazen can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cherry Valley is $875/month compared to $889/month in Hazen — a 2% difference. Home values follow the same pattern: Cherry Valley is more affordable at $79,100 median vs $109,900.

Median household income in Cherry Valley is $40,156 compared to $48,816 in Hazen (-17.7%). While Hazen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cherry Valley spend roughly 26.1% of their income on rent, more than the 21.9% in Hazen.

Income & Cost

Cost of Living Index
Cherry Valley
63
6% cheaper
Hazen
67
Median Household Income
Cherry Valley
$40,156
Hazen
$48,816
18% higher

Housing

Median Rent
Cherry Valley
$875
2% cheaper
Hazen
$889
Median Home Value
Cherry Valley
$79,100
28% cheaper
Hazen
$109,900
Population
Cherry Valley
661
Hazen
1,960

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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