Holly Grove, AR vs Mount Vernon, AR

There is a significant gap in the cost of living between these two cities. Holly Grove is 16.3% cheaper than Mount Vernon. With a cost index of 51 vs 61, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Holly Grove to Mount Vernon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Holly Grove is $431/month compared to $630/month in Mount Vernon — a 32% difference. Home values follow the same pattern: Holly Grove is more affordable at $81,700 median vs $125,000.

Median household income in Holly Grove is $38,750 compared to $39,167 in Mount Vernon (-1.1%). Mount Vernon does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Holly Grove spend roughly 13.3% of their income on rent, less than the 19.3% in Mount Vernon.