McGehee, AR vs Mount Ida, AR

McGehee is moderately more affordable than Mount Ida, with a 8.8% lower cost of living index. McGehee scores 60 compared to 65 for Mount Ida, where the US average is 100. This difference means residents of Mount Ida can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in McGehee is $695/month compared to $709/month in Mount Ida — a 2% difference. Home values follow the same pattern: McGehee is more affordable at $93,000 median vs $157,900.

Median household income in McGehee is $33,679 compared to $43,114 in Mount Ida (-21.9%). While Mount Ida is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McGehee spend roughly 24.8% of their income on rent, more than the 19.7% in Mount Ida.