Greenwood, AR vs Waldron, AR

Waldron is moderately more affordable than Greenwood, with a 14.5% lower cost of living index. Greenwood scores 69 compared to 61 for Waldron, where the US average is 100. This difference means residents of Greenwood 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 $708/month in Waldron — a 16% difference. Home values follow the same pattern: Waldron is more affordable at $99,300 median vs $177,300.

Median household income in Greenwood is $65,745 compared to $41,028 in Waldron (+60.2%). While Greenwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenwood spend roughly 15% of their income on rent, less than the 20.7% in Waldron.