Hermitage, AR vs Highland, AR
Hermitage is moderately more affordable than Highland, with a 10.5% lower cost of living index. Hermitage scores 54 compared to 61 for Highland, where the US average is 100. This difference means residents of Highland can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Hermitage is $464/month compared to $706/month in Highland — a 34% difference. Interestingly, home values tell a different story: while Hermitage has cheaper rent, Highland actually has lower median home values ($103,400 vs $114,600).
Median household income in Hermitage is $20,750 compared to $51,250 in Highland (-59.5%). While Highland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hermitage spend roughly 26.8% of their income on rent, more than the 16.5% in Highland.
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