Farmington, AR vs Siloam Springs, AR

There is a significant gap in the cost of living between these two cities. Siloam Springs is 15.8% cheaper than Farmington. With a cost index of 77 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Siloam Springs to Farmington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farmington is $1,223/month compared to $941/month in Siloam Springs — a 30% difference. Home values follow the same pattern: Siloam Springs is more affordable at $205,000 median vs $249,900.

Median household income in Farmington is $88,541 compared to $65,725 in Siloam Springs (+34.7%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 16.6% of their income on rent, less than the 17.2% in Siloam Springs.