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Madison, AR vs McAlmont, AR

61
Madison
Arkansas
VS
-23.5%
80
McAlmont
Arkansas

There is a significant gap in the cost of living between these two cities. Madison is 23.5% cheaper than McAlmont. With a cost index of 61 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madison to McAlmont should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison is $845/month compared to $1,026/month in McAlmont — a 18% difference. Home values follow the same pattern: Madison is more affordable at $57,200 median vs $215,800.

Median household income in Madison is $60,809 compared to $32,231 in McAlmont (+88.7%). Madison offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Madison spend roughly 16.7% of their income on rent, less than the 38.2% in McAlmont. The Madison ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Madison
61
23% cheaper
McAlmont
80
Median Household Income
Madison
$60,809
47% higher
McAlmont
$32,231

Housing

Median Rent
Madison
$845
18% cheaper
McAlmont
$1,026
Median Home Value
Madison
$57,200
73% cheaper
McAlmont
$215,800
Population
Madison
574
McAlmont
1,473

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Madison
McAlmont $2.85
US $3.07
🥚
Eggs (grade A, large)
Madison
McAlmont $2.33
US $2.50
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Milk (whole)
Madison
McAlmont $3.75
US $4.03
🍞
Bread (white)
Madison
McAlmont $1.72
US $1.85
🍗
Chicken breast
Madison
McAlmont $3.86
US $4.14
Electricity
Madison
McAlmont $0.16
US $0.19