Grady, AR vs Imboden, AR

Grady, AR and Imboden, AR have a very similar cost of living, with only a 1.7% difference in their overall index. Grady scores 55 while Imboden scores 56 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Grady is $658/month compared to $600/month in Imboden — a 10% difference. Interestingly, home values tell a different story: while Imboden has cheaper rent, Grady actually has lower median home values ($51,900 vs $85,300).

Median household income in Grady is $37,500 compared to $40,446 in Imboden (-7.3%). While Imboden is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grady spend roughly 21.1% of their income on rent, more than the 17.8% in Imboden.