Hot Springs, AR vs Mountain Home, AR

Hot Springs, AR and Mountain Home, AR have a very similar cost of living, with only a 0.3% difference in their overall index. Hot Springs scores 70 while Mountain Home scores 70 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 $857/month in Mountain Home — a 5% difference. Interestingly, home values tell a different story: while Mountain Home has cheaper rent, Hot Springs actually has lower median home values ($156,900 vs $160,200).

Median household income in Hot Springs is $46,441 compared to $42,103 in Mountain Home (+10.3%). While Hot Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hot Springs spend roughly 23.3% of their income on rent, less than the 24.4% in Mountain Home.