Hatfield, AR vs Mount Vernon, AR

Hatfield, AR and Mount Vernon, AR have a very similar cost of living, with only a 0.7% difference in their overall index. Hatfield scores 61 while Mount Vernon scores 61 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 Hatfield is $671/month compared to $630/month in Mount Vernon — a 7% difference. Interestingly, home values tell a different story: while Mount Vernon has cheaper rent, Hatfield actually has lower median home values ($118,800 vs $125,000).

Median household income in Hatfield is $38,783 compared to $39,167 in Mount Vernon (-1%). Mount Vernon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hatfield spend roughly 20.8% of their income on rent, more than the 19.3% in Mount Vernon.