Lepanto, AR vs Parkin, AR

Lepanto, AR and Parkin, AR have a very similar cost of living, with only a 3.4% difference in their overall index. Lepanto scores 54 while Parkin scores 52 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 Lepanto is $613/month compared to $567/month in Parkin — a 8% difference. Home values follow the same pattern: Parkin is more affordable at $36,700 median vs $66,900.

Median household income in Lepanto is $42,730 compared to $25,588 in Parkin (+67%). While Lepanto is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lepanto spend roughly 17.2% of their income on rent, less than the 26.6% in Parkin.