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Oak Grove, AR vs Ola, AR

63
Oak Grove
Arkansas
VS
+21.9%
52
Ola
Arkansas

There is a significant gap in the cost of living between these two cities. Ola is 21.9% cheaper than Oak Grove. With a cost index of 52 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ola to Oak Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oak Grove is $688/month compared to $504/month in Ola — a 37% difference. Home values follow the same pattern: Ola is more affordable at $66,700 median vs $141,300.

Median household income in Oak Grove is $45,781 compared to $40,250 in Ola (+13.7%). The higher salaries in Oak Grove partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Oak Grove spend roughly 18% of their income on rent, more than the 15% in Ola.

Income & Cost

Cost of Living Index
Oak Grove
63
Ola
52
18% cheaper
Median Household Income
Oak Grove
$45,781
12% higher
Ola
$40,250

Housing

Median Rent
Oak Grove
$688
Ola
$504
27% cheaper
Median Home Value
Oak Grove
$141,300
Ola
$66,700
53% cheaper
Population
Oak Grove
327
Ola
977

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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