Hot Springs, AR vs Richmond, VA
Cost of Living Comparison
Hot Springs, AR is more affordable by 12.1 index points
Side-by-Side Comparison
| Category | Hot Springs, AR | Richmond, VA | Difference |
|---|---|---|---|
| Overall | 85.7 | 97.9 | -12.1 |
| Housing | 57.3 | 99.1 | -41.9 |
| Goods | 93.6 | 96.8 | -3.2 |
| Utilities | 74.3 | 89.2 | -15.0 |
| Other Services | 95.3 | 98.6 | -3.3 |
Income & Housing Comparison
| Metric | Hot Springs, AR | Richmond, VA |
|---|---|---|
| Median Household Income | $54,229 | $80,877 |
| Median Home Value | $166,600 | $299,100 |
| Median Monthly Rent | $913 | $1,307 |
| Per Capita Income | $31,854 | $44,141 |
Frequently Asked Questions
Is Hot Springs, AR or Richmond, VA cheaper to live in?
Hot Springs, AR is more affordable. The cost of living difference is 12.1 index points (Hot Springs, AR: 85.7, Richmond, VA: 97.9).
Where is housing cheaper, Hot Springs, AR or Richmond, VA?
Housing is more affordable in Hot Springs, AR. Housing index: Hot Springs, AR (57.3) vs Richmond, VA (99.1).