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Green Forest, AR vs Hope, AR

66
Green Forest
Arkansas
VS
+6.5%
62
Hope
Arkansas

Hope is moderately more affordable than Green Forest, with a 6.5% lower cost of living index. Green Forest scores 66 compared to 62 for Hope, where the US average is 100. This difference means residents of Green Forest can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Green Forest is $803/month compared to $777/month in Hope — a 3% difference. Home values follow the same pattern: Hope is more affordable at $87,800 median vs $127,100.

Median household income in Green Forest is $63,813 compared to $44,353 in Hope (+43.9%). While Green Forest is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Green Forest spend roughly 15.1% of their income on rent, less than the 21% in Hope.

Income & Cost

Cost of Living Index
Green Forest
66
Hope
62
6% cheaper
Median Household Income
Green Forest
$63,813
30% higher
Hope
$44,353

Housing

Median Rent
Green Forest
$803
Hope
$777
3% cheaper
Median Home Value
Green Forest
$127,100
Hope
$87,800
31% cheaper
Population
Green Forest
3,072
Hope
8,787

Salary Equivalency Calculator

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