Lewisville, AR vs Mayflower, AR
There is a significant gap in the cost of living between these two cities. Lewisville is 17.8% cheaper than Mayflower. With a cost index of 61 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lewisville to Mayflower should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lewisville is $804/month compared to $984/month in Mayflower — a 18% difference. Home values follow the same pattern: Lewisville is more affordable at $72,500 median vs $163,900.
Median household income in Lewisville is $24,552 compared to $70,938 in Mayflower (-65.4%). While Mayflower is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lewisville spend roughly 39.3% of their income on rent, more than the 16.6% in Mayflower. The Mayflower ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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