Glenwood, AR vs Knoxville, AR

Glenwood is moderately more affordable than Knoxville, with a 7.2% lower cost of living index. Glenwood scores 59 compared to 64 for Knoxville, where the US average is 100. This difference means residents of Knoxville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Glenwood is $645/month compared to $822/month in Knoxville — a 22% difference. Interestingly, home values tell a different story: while Glenwood has cheaper rent, Knoxville actually has lower median home values ($99,500 vs $108,300).

Median household income in Glenwood is $33,889 compared to $46,806 in Knoxville (-27.6%). While Knoxville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Glenwood spend roughly 22.8% of their income on rent, more than the 21.1% in Knoxville.