all right vs hunky-dory

all right and hunky-dory both are adjectives.

Word	Noun	Adjective	Verb	Adverb
all right	No	Yes	No	Yes
hunky-dory	No	Yes	No	No

As adjectives, all right and hunky-dory are synonyms defined as:

all right and hunky-dory: being satisfactory or in satisfactory condition

Other synonyms of all right include cool, fine, o.k., ok, okay.

all right (adjective)	hunky-dory (adjective)
being satisfactory or in satisfactory condition	being satisfactory or in satisfactory condition

all right (adverb)	hunky-dory (adverb)
an expression of agreement normally occurring at the beginning of a sentence
without doubt (used to reinforce an assertion)
in a satisfactory or adequate manner