Hot Springs Village, AR vs Sherwood, AR

Sherwood is moderately more affordable than Hot Springs Village, with a 12.1% lower cost of living index. Hot Springs Village scores 87 compared to 78 for Sherwood, where the US average is 100. This difference means residents of Hot Springs Village can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hot Springs Village is $1,167/month compared to $1,011/month in Sherwood — a 15% difference. Home values follow the same pattern: Sherwood is more affordable at $190,900 median vs $262,000.

Median household income in Hot Springs Village is $69,953 compared to $79,157 in Sherwood (-11.6%). Sherwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hot Springs Village spend roughly 20% of their income on rent, more than the 15.3% in Sherwood.