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Griffithville, AR vs Lakeview, AR

57
Griffithville
Arkansas
VS
-18.3%
70
Lakeview
Arkansas

There is a significant gap in the cost of living between these two cities. Griffithville is 18.3% cheaper than Lakeview. With a cost index of 57 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Griffithville to Lakeview should plan for substantially higher expenses across most categories.

On the housing front, median rent in Griffithville is $690/month compared to $736/month in Lakeview — a 6% difference. Home values follow the same pattern: Griffithville is more affordable at $61,400 median vs $199,700.

Median household income in Griffithville is $33,750 compared to $62,708 in Lakeview (-46.2%). While Lakeview is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Griffithville spend roughly 24.5% of their income on rent, more than the 14.1% in Lakeview.

Income & Cost

Cost of Living Index
Griffithville
57
18% cheaper
Lakeview
70
Median Household Income
Griffithville
$33,750
Lakeview
$62,708
46% higher

Housing

Median Rent
Griffithville
$690
6% cheaper
Lakeview
$736
Median Home Value
Griffithville
$61,400
69% cheaper
Lakeview
$199,700
Population
Griffithville
321
Lakeview
949

Salary Equivalency Calculator

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