Jacksonville, AR vs Magnolia, AR
Magnolia is moderately more affordable than Jacksonville, with a 13% lower cost of living index. Jacksonville scores 72 compared to 64 for Magnolia, where the US average is 100. This difference means residents of Jacksonville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Jacksonville is $913/month compared to $622/month in Magnolia — a 47% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, Jacksonville actually has lower median home values ($155,300 vs $166,500).
Median household income in Jacksonville is $46,947 compared to $42,188 in Magnolia (+11.3%). The higher salaries in Jacksonville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Jacksonville spend roughly 23.3% of their income on rent, more than the 17.7% in Magnolia.
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