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Benton, AR vs Conway, AR

78
Benton
Arkansas
VS
-2.9%
80
Conway
Arkansas

Benton, AR and Conway, AR have a very similar cost of living, with only a 2.9% difference in their overall index. Benton scores 78 while Conway scores 80 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Benton is $1,003/month compared to $986/month in Conway — a 2% difference. Interestingly, home values tell a different story: while Conway has cheaper rent, Benton actually has lower median home values ($199,400 vs $234,600).

Median household income in Benton is $69,638 compared to $58,461 in Conway (+19.1%). Benton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Benton spend roughly 17.3% of their income on rent, less than the 20.2% in Conway.

Income & Cost

Cost of Living Index
Benton
78
3% cheaper
Conway
80
Median Household Income
Benton
$69,638
16% higher
Conway
$58,461

Housing

Median Rent
Benton
$1,003
Conway
$986
2% cheaper
Median Home Value
Benton
$199,400
15% cheaper
Conway
$234,600
Population
Benton
35,954
Conway
66,288

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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