Bearden, AR vs Lake Village, AR
There is a significant gap in the cost of living between these two cities. Bearden is 17.8% cheaper than Lake Village. With a cost index of 55 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bearden to Lake Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bearden is $579/month compared to $850/month in Lake Village — a 32% difference. Home values follow the same pattern: Bearden is more affordable at $76,100 median vs $120,200.
Median household income in Bearden is $28,143 compared to $44,803 in Lake Village (-37.2%). While Lake Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bearden spend roughly 24.7% of their income on rent, more than the 22.8% in Lake Village.
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