McRae, AR vs Scranton, AR

McRae, AR and Scranton, AR have a very similar cost of living, with only a 3.8% difference in their overall index. McRae scores 60 while Scranton scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in McRae is $721/month compared to $708/month in Scranton — a 2% difference. Interestingly, home values tell a different story: while Scranton has cheaper rent, McRae actually has lower median home values ($81,800 vs $115,000).

Median household income in McRae is $35,333 compared to $75,000 in Scranton (-52.9%). While Scranton 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 11.3% in Scranton.