Dermott, AR vs Lewisville, AR

Dermott is moderately more affordable than Lewisville, with a 8.1% lower cost of living index. Dermott scores 56 compared to 61 for Lewisville, where the US average is 100. This difference means residents of Lewisville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dermott is $627/month compared to $804/month in Lewisville — a 22% difference. Interestingly, home values tell a different story: while Dermott has cheaper rent, Lewisville actually has lower median home values ($72,500 vs $77,600).

Median household income in Dermott is $25,518 compared to $24,552 in Lewisville (+3.9%). Dermott offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dermott spend roughly 29.5% of their income on rent, less than the 39.3% in Lewisville. The Dermott ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.