Newport, AR vs Waldron, AR

Newport, AR and Waldron, AR have a very similar cost of living, with only a 0.7% difference in their overall index. Newport scores 60 while Waldron scores 61 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 Newport is $605/month compared to $708/month in Waldron — a 15% difference. Interestingly, home values tell a different story: while Newport has cheaper rent, Waldron actually has lower median home values ($99,300 vs $132,200).

Median household income in Newport is $32,693 compared to $41,028 in Waldron (-20.3%). While Waldron is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newport spend roughly 22.2% of their income on rent, more than the 20.7% in Waldron.