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Bearden, AR vs Lake Village, AR

55
Bearden
Arkansas
VS
-17.8%
67
Lake Village
Arkansas

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.

Income & Cost

Cost of Living Index
Bearden
55
18% cheaper
Lake Village
67
Median Household Income
Bearden
$28,143
Lake Village
$44,803
37% higher

Housing

Median Rent
Bearden
$579
32% cheaper
Lake Village
$850
Median Home Value
Bearden
$76,100
37% cheaper
Lake Village
$120,200
Population
Bearden
793
Lake Village
2,280

Salary Equivalency Calculator

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