Hoxie, AR vs Lewisville, AR

Hoxie, AR and Lewisville, AR have a very similar cost of living, with only a 0.8% difference in their overall index. Hoxie scores 62 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 Hoxie is $821/month compared to $804/month in Lewisville — a 2% difference. Home values follow the same pattern: Lewisville is more affordable at $72,500 median vs $83,000.

Median household income in Hoxie is $35,234 compared to $24,552 in Lewisville (+43.5%). While Hoxie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hoxie spend roughly 28% of their income on rent, less than the 39.3% in Lewisville. The Hoxie ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.