Clarksville, AR vs Hot Springs Village, AR
There is a significant gap in the cost of living between these two cities. Clarksville is 23% cheaper than Hot Springs Village. 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 Hot Springs Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Clarksville is $754/month compared to $1,167/month in Hot Springs Village — a 35% difference. Home values follow the same pattern: Clarksville is more affordable at $159,700 median vs $262,000.
Median household income in Clarksville is $37,848 compared to $69,953 in Hot Springs Village (-45.9%). While Hot Springs Village 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 20% in Hot Springs Village.
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