Hoxie, AR vs Morrilton, AR

Hoxie, AR and Morrilton, AR have a very similar cost of living, with only a 0.8% difference in their overall index. Hoxie scores 62 while Morrilton scores 62 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 Hoxie is $821/month compared to $623/month in Morrilton — a 32% difference. Interestingly, home values tell a different story: while Morrilton has cheaper rent, Hoxie actually has lower median home values ($83,000 vs $150,900).

Median household income in Hoxie is $35,234 compared to $38,056 in Morrilton (-7.4%). While Morrilton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hoxie spend roughly 28% of their income on rent, more than the 19.6% in Morrilton.