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Greenbrier, AR vs Lake City, AR

84
Greenbrier
Arkansas
VS
+28.1%
65
Lake City
Arkansas

There is a significant gap in the cost of living between these two cities. Lake City is 28.1% cheaper than Greenbrier. With a cost index of 65 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake City to Greenbrier should plan for substantially higher expenses across most categories.

On the housing front, median rent in Greenbrier is $1,269/month compared to $827/month in Lake City — a 53% difference. Home values follow the same pattern: Lake City is more affordable at $125,500 median vs $171,100.

Median household income in Greenbrier is $59,099 compared to $57,449 in Lake City (+2.9%). Greenbrier does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Greenbrier spend roughly 25.8% of their income on rent, more than the 17.3% in Lake City.

Income & Cost

Cost of Living Index
Greenbrier
84
Lake City
65
22% cheaper
Median Household Income
Greenbrier
$59,099
3% higher
Lake City
$57,449

Housing

Median Rent
Greenbrier
$1,269
Lake City
$827
35% cheaper
Median Home Value
Greenbrier
$171,100
Lake City
$125,500
27% cheaper
Population
Greenbrier
5,875
Lake City
2,452

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Greenbrier $2.85
Lake City $2.85
US $3.07
🥚
Eggs (grade A, large)
Greenbrier $2.33
Lake City $2.33
US $2.50
🥛
Milk (whole)
Greenbrier $3.75
Lake City $3.75
US $4.03
🍞
Bread (white)
Greenbrier $1.72
Lake City $1.72
US $1.85
🍗
Chicken breast
Greenbrier $3.86
Lake City $3.86
US $4.14
Electricity
Greenbrier $0.16
Lake City $0.15
US $0.19