Alma, AR vs Magnolia, AR

There is a significant gap in the cost of living between these two cities. Magnolia is 19.8% cheaper than Alma. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Magnolia to Alma should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alma is $992/month compared to $622/month in Magnolia — a 60% difference. Home values follow the same pattern: Magnolia is more affordable at $166,500 median vs $197,200.

Median household income in Alma is $58,320 compared to $42,188 in Magnolia (+38.2%). While Alma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 20.4% of their income on rent, more than the 17.7% in Magnolia.