Diaz, AR vs McGehee, AR
Diaz, AR and McGehee, AR have a very similar cost of living, with only a 4.3% difference in their overall index. Diaz scores 62 while McGehee 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 Diaz is $800/month compared to $695/month in McGehee — a 15% difference. Interestingly, home values tell a different story: while McGehee has cheaper rent, Diaz actually has lower median home values ($85,200 vs $93,000).
Median household income in Diaz is $46,473 compared to $33,679 in McGehee (+38%). While Diaz 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, less than the 24.8% in McGehee.
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