Hot Springs Village, AR vs Mena, AR

The cost of living difference between Hot Springs Village, AR and Mena, AR is dramatic. Mena is 39.9% cheaper than Hot Springs Village, a gap that translates to thousands of dollars per year in household expenses. Hot Springs Village has a cost index of 87 while Mena sits at 62, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hot Springs Village is $1,167/month compared to $720/month in Mena — a 62% difference. Home values follow the same pattern: Mena is more affordable at $114,200 median vs $262,000.

Median household income in Hot Springs Village is $69,953 compared to $50,875 in Mena (+37.5%). The higher salaries in Hot Springs Village partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hot Springs Village spend roughly 20% of their income on rent, more than the 17% in Mena.