Hickory Ridge, AR vs Magazine, AR
Hickory Ridge, AR and Magazine, AR have a very similar cost of living, with only a 1.4% difference in their overall index. Hickory Ridge scores 58 while Magazine scores 58 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 Hickory Ridge is $765/month compared to $641/month in Magazine — a 19% difference. Interestingly, home values tell a different story: while Magazine has cheaper rent, Hickory Ridge actually has lower median home values ($51,000 vs $87,400).
Median household income in Hickory Ridge is $45,500 compared to $49,375 in Magazine (-7.8%). Magazine offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hickory Ridge spend roughly 20.2% of their income on rent, more than the 15.6% in Magazine.
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