Corning, AR vs Monticello, AR

Corning, AR and Monticello, AR have a very similar cost of living, with only a 3.9% difference in their overall index. Corning scores 60 while Monticello 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 Corning is $713/month compared to $676/month in Monticello — a 6% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Corning actually has lower median home values ($85,800 vs $128,900).

Median household income in Corning is $44,197 compared to $27,998 in Monticello (+57.9%). Corning offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Corning spend roughly 19.4% of their income on rent, less than the 29% in Monticello.