Oppelo, AR vs Prescott, AR

Oppelo, AR and Prescott, AR have a very similar cost of living, with only a 1.6% difference in their overall index. Oppelo scores 64 while Prescott scores 65 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 Oppelo is $749/month compared to $863/month in Prescott — a 13% difference. Interestingly, home values tell a different story: while Oppelo has cheaper rent, Prescott actually has lower median home values ($95,100 vs $124,700).

Median household income in Oppelo is $65,813 compared to $29,403 in Prescott (+123.8%). Oppelo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Oppelo spend roughly 13.7% of their income on rent, less than the 35.2% in Prescott. The Oppelo ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.