Hickory Ridge, AR vs Norphlet, AR
Hickory Ridge, AR and Norphlet, AR have a very similar cost of living, with only a 1.3% difference in their overall index. Hickory Ridge scores 58 while Norphlet scores 59 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 $633/month in Norphlet — a 21% difference. Interestingly, home values tell a different story: while Norphlet has cheaper rent, Hickory Ridge actually has lower median home values ($51,000 vs $109,100).
Median household income in Hickory Ridge is $45,500 compared to $51,250 in Norphlet (-11.2%). While Norphlet is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hickory Ridge spend roughly 20.2% of their income on rent, more than the 14.8% in Norphlet.
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