Elkins, AR vs Lowell, AR

Elkins, AR and Lowell, AR have a very similar cost of living, with only a 0.8% difference in their overall index. Elkins scores 87 while Lowell scores 86 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 Elkins is $1,293/month compared to $1,080/month in Lowell — a 20% difference. Interestingly, home values tell a different story: while Lowell has cheaper rent, Elkins actually has lower median home values ($190,100 vs $260,100).

Median household income in Elkins is $81,111 compared to $92,986 in Lowell (-12.8%). Lowell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elkins spend roughly 19.1% of their income on rent, more than the 13.9% in Lowell.