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Damascus, AR vs Mineral Springs, AR

67
Damascus
Arkansas
VS
-0.1%
67
Mineral Springs
Arkansas

Damascus, AR and Mineral Springs, AR have a very similar cost of living, with only a 0.1% difference in their overall index. Damascus scores 67 while Mineral Springs scores 67 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 Damascus is $800/month compared to $831/month in Mineral Springs — a 4% difference. Interestingly, home values tell a different story: while Damascus has cheaper rent, Mineral Springs actually has lower median home values ($132,500 vs $139,100).

Median household income in Damascus is $64,167 compared to $54,931 in Mineral Springs (+16.8%). Damascus offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Damascus spend roughly 15% of their income on rent, less than the 18.2% in Mineral Springs.

Income & Cost

Cost of Living Index
Damascus
67
Mineral Springs
67
Median Household Income
Damascus
$64,167
14% higher
Mineral Springs
$54,931

Housing

Median Rent
Damascus
$800
4% cheaper
Mineral Springs
$831
Median Home Value
Damascus
$139,100
Mineral Springs
$132,500
5% cheaper
Population
Damascus
397
Mineral Springs
1,169

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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