Holland, AR vs Lake Hamilton, AR

Holland, AR and Lake Hamilton, AR have a very similar cost of living, with only a 2.9% difference in their overall index. Holland scores 86 while Lake Hamilton scores 88 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 Holland is $1,393/month compared to $806/month in Lake Hamilton — a 73% difference. Interestingly, home values tell a different story: while Lake Hamilton has cheaper rent, Holland actually has lower median home values ($147,900 vs $411,000).

Median household income in Holland is $53,889 compared to $87,870 in Lake Hamilton (-38.7%). While Lake Hamilton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Holland spend roughly 31% of their income on rent, more than the 11% in Lake Hamilton. The Lake Hamilton ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.