Conway, AR vs Little Rock, AR

Conway, AR and Little Rock, AR have a very similar cost of living, with only a 1.6% difference in their overall index. Conway scores 80 while Little Rock scores 82 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 Conway is $986/month compared to $1,067/month in Little Rock — a 8% difference. Interestingly, home values tell a different story: while Conway has cheaper rent, Little Rock actually has lower median home values ($221,200 vs $234,600).

Median household income in Conway is $58,461 compared to $60,583 in Little Rock (-3.5%). While Little Rock is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Conway spend roughly 20.2% of their income on rent, less than the 21.1% in Little Rock.