Lewisville, AR vs Perry, AR

Lewisville, AR and Perry, AR have a very similar cost of living, with only a 3.8% difference in their overall index. Lewisville scores 61 while Perry scores 59 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 Lewisville is $804/month compared to $713/month in Perry — a 13% difference. Interestingly, home values tell a different story: while Perry has cheaper rent, Lewisville actually has lower median home values ($72,500 vs $75,000).

Median household income in Lewisville is $24,552 compared to $39,063 in Perry (-37.1%). Perry offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lewisville spend roughly 39.3% of their income on rent, more than the 21.9% in Perry. The Perry ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.