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Holly Grove, AR vs Salem, AR

51
Holly Grove
Arkansas
VS
-10.9%
57
Salem
Arkansas

Holly Grove is moderately more affordable than Salem, with a 10.9% lower cost of living index. Holly Grove scores 51 compared to 57 for Salem, where the US average is 100. This difference means residents of Salem can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Holly Grove is $431/month compared to $619/month in Salem — a 30% difference. Home values follow the same pattern: Holly Grove is more affordable at $81,700 median vs $88,200.

Median household income in Holly Grove is $38,750 compared to $35,679 in Salem (+8.6%). Holly Grove offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Holly Grove spend roughly 13.3% of their income on rent, less than the 20.8% in Salem.

Income & Cost

Cost of Living Index
Holly Grove
51
11% cheaper
Salem
57
Median Household Income
Holly Grove
$38,750
8% higher
Salem
$35,679

Housing

Median Rent
Holly Grove
$431
30% cheaper
Salem
$619
Median Home Value
Holly Grove
$81,700
7% cheaper
Salem
$88,200
Population
Holly Grove
532
Salem
1,471

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