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Gillett, AR vs Mount Ida, AR

61
Gillett
Arkansas
VS
-6.9%
65
Mount Ida
Arkansas

Gillett is moderately more affordable than Mount Ida, with a 6.9% lower cost of living index. Gillett scores 61 compared to 65 for Mount Ida, where the US average is 100. This difference means residents of Mount Ida can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gillett is $738/month compared to $709/month in Mount Ida — a 4% difference. Interestingly, home values tell a different story: while Mount Ida has cheaper rent, Gillett actually has lower median home values ($91,900 vs $157,900).

Median household income in Gillett is $67,143 compared to $43,114 in Mount Ida (+55.7%). Gillett offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gillett spend roughly 13.2% of their income on rent, less than the 19.7% in Mount Ida.

Income & Cost

Cost of Living Index
Gillett
61
7% cheaper
Mount Ida
65
Median Household Income
Gillett
$67,143
36% higher
Mount Ida
$43,114

Housing

Median Rent
Gillett
$738
Mount Ida
$709
4% cheaper
Median Home Value
Gillett
$91,900
42% cheaper
Mount Ida
$157,900
Population
Gillett
464
Mount Ida
1,358

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