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Hope, AR vs Piggott, AR

62
Hope
Arkansas
VS
-2.3%
63
Piggott
Arkansas

Hope, AR and Piggott, AR have a very similar cost of living, with only a 2.3% difference in their overall index. Hope scores 62 while Piggott scores 63 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 Hope is $777/month compared to $760/month in Piggott — a 2% difference. Interestingly, home values tell a different story: while Piggott has cheaper rent, Hope actually has lower median home values ($87,800 vs $111,900).

Median household income in Hope is $44,353 compared to $49,306 in Piggott (-10%). While Piggott is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hope spend roughly 21% of their income on rent, more than the 18.5% in Piggott.

Income & Cost

Cost of Living Index
Hope
62
2% cheaper
Piggott
63
Median Household Income
Hope
$44,353
Piggott
$49,306
10% higher

Housing

Median Rent
Hope
$777
Piggott
$760
2% cheaper
Median Home Value
Hope
$87,800
22% cheaper
Piggott
$111,900
Population
Hope
8,787
Piggott
3,589

Salary Equivalency Calculator

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