Madison, AR vs McAlmont, AR
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.
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