Forrest City, AR vs Hot Springs, AR
Forrest City is moderately more affordable than Hot Springs, with a 11.4% lower cost of living index. Forrest City scores 62 compared to 70 for Hot Springs, where the US average is 100. This difference means residents of Hot Springs can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Forrest City is $795/month compared to $902/month in Hot Springs — a 12% difference. Home values follow the same pattern: Forrest City is more affordable at $87,800 median vs $156,900.
Median household income in Forrest City is $33,522 compared to $46,441 in Hot Springs (-27.8%). While Hot Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Forrest City spend roughly 28.5% of their income on rent, more than the 23.3% in Hot Springs.
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