Fayetteville, AR vs Hot Springs, AR

There is a significant gap in the cost of living between these two cities. Hot Springs is 26.3% cheaper than Fayetteville. With a cost index of 70 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hot Springs to Fayetteville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fayetteville is $1,003/month compared to $902/month in Hot Springs — a 11% difference. Home values follow the same pattern: Hot Springs is more affordable at $156,900 median vs $322,500.

Median household income in Fayetteville is $59,074 compared to $46,441 in Hot Springs (+27.2%). While Fayetteville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fayetteville spend roughly 20.4% of their income on rent, less than the 23.3% in Hot Springs.