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Damascus, AR vs Reed, AR

67
Damascus
Arkansas
VS
-12.1%
76
Reed
Arkansas

Damascus is moderately more affordable than Reed, with a 12.1% lower cost of living index. Damascus scores 67 compared to 76 for Reed, where the US average is 100. This difference means residents of Reed can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Damascus has a median rent of $800/month while Reed comes in at $667/month, a 20% difference.

Median household income in Damascus is $64,167 compared to $25,833 in Reed (+148.4%). 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 31% in Reed. The Damascus ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Damascus
67
12% cheaper
Reed
76
Median Household Income
Damascus
$64,167
60% higher
Reed
$25,833

Housing

Median Rent
Damascus
$800
Reed
$667
17% cheaper
Median Home Value
Damascus
$139,100
Reed
Population
Damascus
397
Reed
140

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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