Knoxville, AR vs Lamar, AR
Lamar is moderately more affordable than Knoxville, with a 7% lower cost of living index. Knoxville scores 64 compared to 60 for Lamar, where the US average is 100. This difference means residents of Knoxville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Knoxville is $822/month compared to $575/month in Lamar — a 43% difference. Interestingly, home values tell a different story: while Lamar has cheaper rent, Knoxville actually has lower median home values ($99,500 vs $139,500).
Median household income in Knoxville is $46,806 compared to $41,579 in Lamar (+12.6%). While Knoxville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Knoxville spend roughly 21.1% of their income on rent, more than the 16.6% in Lamar.
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