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Elaine, AR vs Ravenden Springs, AR

45
Elaine
Arkansas
VS
-16.3%
54
Ravenden Springs
Arkansas

There is a significant gap in the cost of living between these two cities. Elaine is 16.3% cheaper than Ravenden Springs. With a cost index of 45 vs 54, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elaine to Ravenden Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elaine is $320/month compared to $529/month in Ravenden Springs — a 40% difference. Home values follow the same pattern: Elaine is more affordable at $55,800 median vs $85,800.

Median household income in Elaine is $39,226 compared to $44,773 in Ravenden Springs (-12.4%). The higher salaries in Ravenden Springs partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elaine spend roughly 9.8% of their income on rent, less than the 14.2% in Ravenden Springs.

Income & Cost

Cost of Living Index
Elaine
45
16% cheaper
Ravenden Springs
54
Median Household Income
Elaine
$39,226
Ravenden Springs
$44,773
12% higher

Housing

Median Rent
Elaine
$320
40% cheaper
Ravenden Springs
$529
Median Home Value
Elaine
$55,800
35% cheaper
Ravenden Springs
$85,800
Population
Elaine
515
Ravenden Springs
178

Salary Equivalency Calculator

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