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Conway, AR vs Fayetteville, AR

80
Conway
Arkansas
VS
-9.5%
89
Fayetteville
Arkansas

Conway is moderately more affordable than Fayetteville, with a 9.5% lower cost of living index. Conway scores 80 compared to 89 for Fayetteville, where the US average is 100. This difference means residents of Fayetteville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Conway is $986/month compared to $1,003/month in Fayetteville — a 2% difference. Home values follow the same pattern: Conway is more affordable at $234,600 median vs $322,500.

Median household income in Conway is $58,461 compared to $59,074 in Fayetteville (-1%). Fayetteville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Conway spend roughly 20.2% of their income on rent, less than the 20.4% in Fayetteville.

Income & Cost

Cost of Living Index
Conway
80
9% cheaper
Fayetteville
89
Median Household Income
Conway
$58,461
Fayetteville
$59,074
1% higher

Housing

Median Rent
Conway
$986
2% cheaper
Fayetteville
$1,003
Median Home Value
Conway
$234,600
27% cheaper
Fayetteville
$322,500
Population
Conway
66,288
Fayetteville
97,227

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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