Colt, AR vs Flippin, AR

Colt, AR and Flippin, AR have a very similar cost of living, with only a 3.7% difference in their overall index. Colt scores 60 while Flippin scores 62 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 Colt is $703/month compared to $731/month in Flippin — a 4% difference. Home values follow the same pattern: Colt is more affordable at $94,200 median vs $111,800.

Median household income in Colt is $21,563 compared to $40,559 in Flippin (-46.8%). While Flippin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colt spend roughly 39.1% of their income on rent, more than the 21.6% in Flippin. The Flippin ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.