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Austin, AR vs Magnolia, AR

87
Austin
Arkansas
VS
+37.7%
64
Magnolia
Arkansas

The cost of living difference between Austin, AR and Magnolia, AR is dramatic. Magnolia is 37.7% cheaper than Austin, a gap that translates to thousands of dollars per year in household expenses. Austin has a cost index of 87 while Magnolia sits at 64, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Austin is $1,284/month compared to $622/month in Magnolia — a 106% difference. Home values follow the same pattern: Magnolia is more affordable at $166,500 median vs $209,800.

Median household income in Austin is $93,315 compared to $42,188 in Magnolia (+121.2%). While Austin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Austin spend roughly 16.5% of their income on rent, less than the 17.7% in Magnolia.

Income & Cost

Cost of Living Index
Austin
87
Magnolia
64
27% cheaper
Median Household Income
Austin
$93,315
55% higher
Magnolia
$42,188

Housing

Median Rent
Austin
$1,284
Magnolia
$622
52% cheaper
Median Home Value
Austin
$209,800
Magnolia
$166,500
21% cheaper
Population
Austin
3,805
Magnolia
10,973

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Austin $2.85
Magnolia
US $3.07
🥚
Eggs (grade A, large)
Austin $2.33
Magnolia
US $2.50
🥛
Milk (whole)
Austin $3.75
Magnolia
US $4.03
🍞
Bread (white)
Austin $1.72
Magnolia
US $1.85
🍗
Chicken breast
Austin $3.86
Magnolia
US $4.14
Electricity
Austin $0.16
Magnolia
US $0.19