Hazen, AR vs McRae, AR

McRae is moderately more affordable than Hazen, with a 13% lower cost of living index. Hazen scores 67 compared to 60 for McRae, where the US average is 100. This difference means residents of Hazen can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hazen is $889/month compared to $721/month in McRae — a 23% difference. Home values follow the same pattern: McRae is more affordable at $81,800 median vs $109,900.

Median household income in Hazen is $48,816 compared to $35,333 in McRae (+38.2%). While Hazen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hazen spend roughly 21.9% of their income on rent, less than the 24.5% in McRae.