Greenwood, AR vs Siloam Springs, AR

Greenwood is moderately more affordable than Siloam Springs, with a 10.3% lower cost of living index. Greenwood scores 69 compared to 77 for Siloam Springs, where the US average is 100. This difference means residents of Siloam Springs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greenwood is $824/month compared to $941/month in Siloam Springs — a 12% difference. Home values follow the same pattern: Greenwood is more affordable at $177,300 median vs $205,000.

Median household income in Greenwood is $65,745 compared to $65,725 in Siloam Springs. Looking at affordability, residents of Greenwood spend roughly 15% of their income on rent, less than the 17.2% in Siloam Springs.