Hoxie, AR vs Stephens, AR
There is a significant gap in the cost of living between these two cities. Stephens is 28.8% cheaper than Hoxie. With a cost index of 48 vs 62, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stephens to Hoxie should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hoxie is $821/month compared to $416/month in Stephens — a 97% difference. Home values follow the same pattern: Stephens is more affordable at $52,900 median vs $83,000.
Median household income in Hoxie is $35,234 compared to $37,361 in Stephens (-5.7%). Stephens offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hoxie spend roughly 28% of their income on rent, more than the 13.4% in Stephens.
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