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Greenway, AR vs McRae, AR

51
Greenway
Arkansas
VS
-13.7%
60
McRae
Arkansas

Greenway is moderately more affordable than McRae, with a 13.7% lower cost of living index. Greenway scores 51 compared to 60 for McRae, where the US average is 100. This difference means residents of McRae can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greenway is $571/month compared to $721/month in McRae — a 21% difference. Home values follow the same pattern: Greenway is more affordable at $37,900 median vs $81,800.

Median household income in Greenway is $38,500 compared to $35,333 in McRae (+9%). Greenway offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Greenway spend roughly 17.8% of their income on rent, less than the 24.5% in McRae.

Income & Cost

Cost of Living Index
Greenway
51
14% cheaper
McRae
60
Median Household Income
Greenway
$38,500
8% higher
McRae
$35,333

Housing

Median Rent
Greenway
$571
21% cheaper
McRae
$721
Median Home Value
Greenway
$37,900
54% cheaper
McRae
$81,800
Population
Greenway
249
McRae
717

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