Conway, AR vs West Memphis, AR

There is a significant gap in the cost of living between these two cities. West Memphis is 19% cheaper than Conway. With a cost index of 68 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from West Memphis to Conway should plan for substantially higher expenses across most categories.

On the housing front, median rent in Conway is $986/month compared to $847/month in West Memphis — a 16% difference. Home values follow the same pattern: West Memphis is more affordable at $119,100 median vs $234,600.

Median household income in Conway is $58,461 compared to $41,860 in West Memphis (+39.7%). While Conway 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 24.3% in West Memphis.