Greenbrier, AR vs Hot Springs Village, AR

Greenbrier, AR and Hot Springs Village, AR have a very similar cost of living, with only a 3.6% difference in their overall index. Greenbrier scores 84 while Hot Springs Village scores 87 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 Greenbrier is $1,269/month compared to $1,167/month in Hot Springs Village — a 9% difference. Interestingly, home values tell a different story: while Hot Springs Village has cheaper rent, Greenbrier actually has lower median home values ($171,100 vs $262,000).

Median household income in Greenbrier is $59,099 compared to $69,953 in Hot Springs Village (-15.5%). While Hot Springs Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenbrier spend roughly 25.8% of their income on rent, more than the 20% in Hot Springs Village.