Dermott, AR vs Stephens, AR
There is a significant gap in the cost of living between these two cities. Stephens is 17.6% cheaper than Dermott. With a cost index of 48 vs 56, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stephens to Dermott should plan for substantially higher expenses across most categories.
On the housing front, median rent in Dermott is $627/month compared to $416/month in Stephens — a 51% difference. Home values follow the same pattern: Stephens is more affordable at $52,900 median vs $77,600.
Median household income in Dermott is $25,518 compared to $37,361 in Stephens (-31.7%). Stephens offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dermott spend roughly 29.5% of their income on rent, more than the 13.4% in Stephens.
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