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Hope, AR vs Searcy, AR

62
Hope
Arkansas
VS
-13.2%
71
Searcy
Arkansas

Hope is moderately more affordable than Searcy, with a 13.2% lower cost of living index. Hope scores 62 compared to 71 for Searcy, where the US average is 100. This difference means residents of Searcy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hope is $777/month compared to $849/month in Searcy — a 9% difference. Home values follow the same pattern: Hope is more affordable at $87,800 median vs $176,200.

Median household income in Hope is $44,353 compared to $50,896 in Searcy (-12.9%). The higher salaries in Searcy partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hope spend roughly 21% of their income on rent, more than the 20% in Searcy.

Income & Cost

Cost of Living Index
Hope
62
13% cheaper
Searcy
71
Median Household Income
Hope
$44,353
Searcy
$50,896
13% higher

Housing

Median Rent
Hope
$777
8% cheaper
Searcy
$849
Median Home Value
Hope
$87,800
50% cheaper
Searcy
$176,200
Population
Hope
8,787
Searcy
23,115

Salary Equivalency Calculator

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