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Greenbrier, AR vs Lake Village, AR

84
Greenbrier
Arkansas
VS
+25.8%
67
Lake Village
Arkansas

There is a significant gap in the cost of living between these two cities. Lake Village is 25.8% cheaper than Greenbrier. With a cost index of 67 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Village 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 $850/month in Lake Village — a 49% difference. Home values follow the same pattern: Lake Village is more affordable at $120,200 median vs $171,100.

Median household income in Greenbrier is $59,099 compared to $44,803 in Lake Village (+31.9%). While Greenbrier is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenbrier spend roughly 25.8% of their income on rent, more than the 22.8% in Lake Village.

Income & Cost

Cost of Living Index
Greenbrier
84
Lake Village
67
21% cheaper
Median Household Income
Greenbrier
$59,099
24% higher
Lake Village
$44,803

Housing

Median Rent
Greenbrier
$1,269
Lake Village
$850
33% cheaper
Median Home Value
Greenbrier
$171,100
Lake Village
$120,200
30% cheaper
Population
Greenbrier
5,875
Lake Village
2,280

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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