Siloam Springs, AR vs Ward, AR

Siloam Springs, AR and Ward, AR have a very similar cost of living, with only a 4.6% difference in their overall index. Siloam Springs scores 77 while Ward scores 81 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 Siloam Springs is $941/month compared to $1,147/month in Ward — a 18% difference. Interestingly, home values tell a different story: while Siloam Springs has cheaper rent, Ward actually has lower median home values ($182,100 vs $205,000).

Median household income in Siloam Springs is $65,725 compared to $78,841 in Ward (-16.6%). While Ward is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Siloam Springs spend roughly 17.2% of their income on rent, less than the 17.5% in Ward.