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Newark, AR vs Wilmar, AR

57
Newark
Arkansas
VS
-16.8%
68
Wilmar
Arkansas

There is a significant gap in the cost of living between these two cities. Newark is 16.8% cheaper than Wilmar. With a cost index of 57 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newark to Wilmar should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newark is $591/month compared to $953/month in Wilmar — a 38% difference. Home values follow the same pattern: Newark is more affordable at $96,000 median vs $101,700.

Median household income in Newark is $34,770 compared to $21,532 in Wilmar (+61.5%). Newark offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newark spend roughly 20.4% of their income on rent, less than the 53.1% in Wilmar. The Newark ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Newark
57
17% cheaper
Wilmar
68
Median Household Income
Newark
$34,770
38% higher
Wilmar
$21,532

Housing

Median Rent
Newark
$591
38% cheaper
Wilmar
$953
Median Home Value
Newark
$96,000
6% cheaper
Wilmar
$101,700
Population
Newark
1,522
Wilmar
605

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