Diaz, AR vs Elkins, AR

There is a significant gap in the cost of living between these two cities. Diaz is 28.3% cheaper than Elkins. With a cost index of 62 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Diaz to Elkins should plan for substantially higher expenses across most categories.

On the housing front, median rent in Diaz is $800/month compared to $1,293/month in Elkins — a 38% difference. Home values follow the same pattern: Diaz is more affordable at $85,200 median vs $190,100.

Median household income in Diaz is $46,473 compared to $81,111 in Elkins (-42.7%). While Elkins is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Diaz spend roughly 20.7% of their income on rent, more than the 19.1% in Elkins.