Monticello, Arkansas vs. Hope, Arkansas

Cost of Living Comparison

The cost of living in Hope, Arkansas is 4.9% cheaper than Monticello, Arkansas.

You would need a salary of $47,546 in Hope, Arkansas to maintain the standard of living you have in Monticello, Arkansas.
Comparison highlights
• Overall, Hope, Arkansas is cheaper than Monticello, Arkansas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
42% cheaper in Hope
than in Monticello, Arkansas
Monticello, AR vs. Hope, AR
Compared to Monticello, Hope is:
  Homeowner
      No Child Care, Taxes not Considered
  4.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.6% lower
  Housing (Homeowner)
  20.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.2% higher
  Commute
  0.0% higher
  Health
  2.6% higher
  Taxes
  Childcare
  Personal
  1.3% lower