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Hope, AR vs West Fork, AR

62
Hope
Arkansas
VS
-21.9%
79
West Fork
Arkansas

There is a significant gap in the cost of living between these two cities. Hope is 21.9% cheaper than West Fork. With a cost index of 62 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hope to West Fork should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hope is $777/month compared to $1,059/month in West Fork — a 27% difference. Home values follow the same pattern: Hope is more affordable at $87,800 median vs $182,800.

Median household income in Hope is $44,353 compared to $70,486 in West Fork (-37.1%). While West Fork 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% in West Fork.

Income & Cost

Cost of Living Index
Hope
62
22% cheaper
West Fork
79
Median Household Income
Hope
$44,353
West Fork
$70,486
37% higher

Housing

Median Rent
Hope
$777
27% cheaper
West Fork
$1,059
Median Home Value
Hope
$87,800
52% cheaper
West Fork
$182,800
Population
Hope
8,787
West Fork
3,131

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hope
West Fork $2.85
US $3.07
🥚
Eggs (grade A, large)
Hope
West Fork $2.33
US $2.50
🥛
Milk (whole)
Hope
West Fork $3.75
US $4.03
🍞
Bread (white)
Hope
West Fork $1.72
US $1.85
🍗
Chicken breast
Hope
West Fork $3.86
US $4.14
Electricity
Hope
West Fork $0.16
US $0.19