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Forrest City, AR vs Shannon Hills, AR

62
Forrest City
Arkansas
VS
-26.2%
84
Shannon Hills
Arkansas

There is a significant gap in the cost of living between these two cities. Forrest City is 26.2% cheaper than Shannon Hills. With a cost index of 62 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Forrest City to Shannon Hills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Forrest City is $795/month compared to $1,277/month in Shannon Hills — a 38% difference. Home values follow the same pattern: Forrest City is more affordable at $87,800 median vs $175,200.

Median household income in Forrest City is $33,522 compared to $69,413 in Shannon Hills (-51.7%). While Shannon Hills 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 22.1% in Shannon Hills.

Income & Cost

Cost of Living Index
Forrest City
62
26% cheaper
Shannon Hills
84
Median Household Income
Forrest City
$33,522
Shannon Hills
$69,413
52% higher

Housing

Median Rent
Forrest City
$795
38% cheaper
Shannon Hills
$1,277
Median Home Value
Forrest City
$87,800
50% cheaper
Shannon Hills
$175,200
Population
Forrest City
12,826
Shannon Hills
4,557

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Forrest City
Shannon Hills $2.85
US $3.07
🥚
Eggs (grade A, large)
Forrest City
Shannon Hills $2.33
US $2.50
🥛
Milk (whole)
Forrest City
Shannon Hills $3.75
US $4.03
🍞
Bread (white)
Forrest City
Shannon Hills $1.72
US $1.85
🍗
Chicken breast
Forrest City
Shannon Hills $3.86
US $4.14
Electricity
Forrest City
Shannon Hills $0.16
US $0.19