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Danville, AR vs McRae, AR

59
Danville
Arkansas
VS
-1%
60
McRae
Arkansas

Danville, AR and McRae, AR have a very similar cost of living, with only a 1% difference in their overall index. Danville scores 59 while McRae scores 60 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 Danville is $606/month compared to $721/month in McRae — a 16% difference. Interestingly, home values tell a different story: while Danville has cheaper rent, McRae actually has lower median home values ($81,800 vs $117,400).

Median household income in Danville is $65,625 compared to $35,333 in McRae (+85.7%). Danville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Danville spend roughly 11.1% of their income on rent, less than the 24.5% in McRae.

Income & Cost

Cost of Living Index
Danville
59
1% cheaper
McRae
60
Median Household Income
Danville
$65,625
46% higher
McRae
$35,333

Housing

Median Rent
Danville
$606
16% cheaper
McRae
$721
Median Home Value
Danville
$117,400
McRae
$81,800
30% cheaper
Population
Danville
2,123
McRae
717

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