Conway, AR vs Paragould, AR

Paragould is moderately more affordable than Conway, with a 12.9% lower cost of living index. Conway scores 80 compared to 71 for Paragould, where the US average is 100. This difference means residents of Conway 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 $883/month in Paragould — a 12% difference. Home values follow the same pattern: Paragould is more affordable at $175,400 median vs $234,600.

Median household income in Conway is $58,461 compared to $56,181 in Paragould (+4.1%). Conway 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, more than the 18.9% in Paragould.