Hot Springs, AR vs Jacksonville, AR

Hot Springs, AR and Jacksonville, AR have a very similar cost of living, with only a 2% difference in their overall index. Hot Springs scores 70 while Jacksonville scores 72 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 Hot Springs is $902/month compared to $913/month in Jacksonville — a 1% difference. Interestingly, home values tell a different story: while Hot Springs has cheaper rent, Jacksonville actually has lower median home values ($155,300 vs $156,900).

Median household income in Hot Springs is $46,441 compared to $46,947 in Jacksonville (-1.1%). The higher salaries in Jacksonville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hot Springs spend roughly 23.3% of their income on rent, less than the 23.3% in Jacksonville.