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Lockesburg, AR vs Patterson, AR

63
Lockesburg
Arkansas
VS
+20.6%
53
Patterson
Arkansas

There is a significant gap in the cost of living between these two cities. Patterson is 20.6% cheaper than Lockesburg. With a cost index of 53 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Patterson to Lockesburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lockesburg is $789/month compared to $583/month in Patterson — a 35% difference. Home values follow the same pattern: Patterson is more affordable at $47,900 median vs $116,300.

Median household income in Lockesburg is $58,313 compared to $49,750 in Patterson (+17.2%). The higher salaries in Lockesburg partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lockesburg spend roughly 16.2% of their income on rent, more than the 14.1% in Patterson.

Income & Cost

Cost of Living Index
Lockesburg
63
Patterson
53
17% cheaper
Median Household Income
Lockesburg
$58,313
15% higher
Patterson
$49,750

Housing

Median Rent
Lockesburg
$789
Patterson
$583
26% cheaper
Median Home Value
Lockesburg
$116,300
Patterson
$47,900
59% cheaper
Population
Lockesburg
772
Patterson
273

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lockesburg $2.85
Patterson
US $3.07
🥚
Eggs (grade A, large)
Lockesburg $2.33
Patterson
US $2.50
🥛
Milk (whole)
Lockesburg $3.74
Patterson
US $4.03
🍞
Bread (white)
Lockesburg $1.72
Patterson
US $1.85
🍗
Chicken breast
Lockesburg $3.85
Patterson
US $4.14
Electricity
Lockesburg $0.16
Patterson
US $0.19