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Newark, AR vs Shannon Hills, AR

57
Newark
Arkansas
VS
-32.7%
84
Shannon Hills
Arkansas

The cost of living difference between Newark, AR and Shannon Hills, AR is dramatic. Newark is 32.7% cheaper than Shannon Hills, a gap that translates to thousands of dollars per year in household expenses. Newark has a cost index of 57 while Shannon Hills sits at 84, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Newark is $591/month compared to $1,277/month in Shannon Hills — a 54% difference. Home values follow the same pattern: Newark is more affordable at $96,000 median vs $175,200.

Median household income in Newark is $34,770 compared to $69,413 in Shannon Hills (-49.9%). While Shannon Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newark spend roughly 20.4% of their income on rent, less than the 22.1% in Shannon Hills.

Income & Cost

Cost of Living Index
Newark
57
33% cheaper
Shannon Hills
84
Median Household Income
Newark
$34,770
Shannon Hills
$69,413
50% higher

Housing

Median Rent
Newark
$591
54% cheaper
Shannon Hills
$1,277
Median Home Value
Newark
$96,000
45% cheaper
Shannon Hills
$175,200
Population
Newark
1,522
Shannon Hills
4,557

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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