Paragould, AR vs Siloam Springs, AR

Paragould is moderately more affordable than Siloam Springs, with a 7.9% lower cost of living index. Paragould scores 71 compared to 77 for Siloam Springs, where the US average is 100. This difference means residents of Siloam Springs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Paragould is $883/month compared to $941/month in Siloam Springs — a 6% difference. Home values follow the same pattern: Paragould is more affordable at $175,400 median vs $205,000.

Median household income in Paragould is $56,181 compared to $65,725 in Siloam Springs (-14.5%). While Siloam Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Paragould spend roughly 18.9% of their income on rent, more than the 17.2% in Siloam Springs.