Evening Shade, AR vs Lewisville, AR

Evening Shade, AR and Lewisville, AR have a very similar cost of living, with only a 2.5% difference in their overall index. Evening Shade scores 60 while Lewisville scores 61 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 Evening Shade is $619/month compared to $804/month in Lewisville — a 23% difference. Interestingly, home values tell a different story: while Evening Shade has cheaper rent, Lewisville actually has lower median home values ($72,500 vs $122,000).

Median household income in Evening Shade is $27,159 compared to $24,552 in Lewisville (+10.6%). Evening Shade offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Evening Shade spend roughly 27.4% of their income on rent, less than the 39.3% in Lewisville. The Evening Shade ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.