Berryville, AR vs Magnolia, AR

Magnolia is moderately more affordable than Berryville, with a 6.7% lower cost of living index. Berryville scores 68 compared to 64 for Magnolia, where the US average is 100. This difference means residents of Berryville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Berryville is $798/month compared to $622/month in Magnolia — a 28% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, Berryville actually has lower median home values ($153,500 vs $166,500).

Median household income in Berryville is $39,548 compared to $42,188 in Magnolia (-6.3%). Magnolia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Berryville spend roughly 24.2% of their income on rent, more than the 17.7% in Magnolia.