Clarksville, AR vs Elkins, AR

There is a significant gap in the cost of living between these two cities. Clarksville is 22.9% cheaper than Elkins. With a cost index of 67 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarksville to Elkins should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarksville is $754/month compared to $1,293/month in Elkins — a 42% difference. Home values follow the same pattern: Clarksville is more affordable at $159,700 median vs $190,100.

Median household income in Clarksville is $37,848 compared to $81,111 in Elkins (-53.3%). While Elkins is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clarksville spend roughly 23.9% of their income on rent, more than the 19.1% in Elkins.