Wake Forest, North Carolina vs. Hot Springs, Arkansas

Cost of Living Comparison

The cost of living in Hot Springs, Arkansas is 24.9% cheaper than Wake Forest, North Carolina.

You would need a salary of $56,301 in Hot Springs, Arkansas to maintain the standard of living you have in Wake Forest, North Carolina.
Comparison highlights
• Overall, Hot Springs, Arkansas is cheaper than Wake Forest, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
52% cheaper in Hot Springs
than in Wake Forest, North Carolina
Wake Forest, NC vs. Hot Springs, AR
Compared to Wake Forest, Hot Springs is:
  Homeowner
      No Child Care, Taxes not Considered
  24.9% 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
  5.9% lower
  Housing (Homeowner)
  56.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.3% lower
  Commute
  21.6% lower
  Health
  1.3% higher
  Taxes
  Childcare
  Personal
  2.2% higher