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McRae, AR vs Mitchellville, AR

60
McRae
Arkansas
VS
+16.7%
51
Mitchellville
Arkansas

There is a significant gap in the cost of living between these two cities. Mitchellville is 16.7% cheaper than McRae. With a cost index of 51 vs 60, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mitchellville to McRae should plan for substantially higher expenses across most categories.

On the housing front, median rent in McRae is $721/month compared to $486/month in Mitchellville — a 48% difference. Home values follow the same pattern: Mitchellville is more affordable at $65,000 median vs $81,800.

Median household income in McRae is $35,333 compared to $29,398 in Mitchellville (+20.2%). While McRae is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McRae spend roughly 24.5% of their income on rent, more than the 19.8% in Mitchellville.

Income & Cost

Cost of Living Index
McRae
60
Mitchellville
51
14% cheaper
Median Household Income
McRae
$35,333
17% higher
Mitchellville
$29,398

Housing

Median Rent
McRae
$721
Mitchellville
$486
33% cheaper
Median Home Value
McRae
$81,800
Mitchellville
$65,000
21% cheaper
Population
McRae
717
Mitchellville
240

Salary Equivalency Calculator

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