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Lockesburg, AR vs Russell, AR

63
Lockesburg
Arkansas
VS
+35.7%
47
Russell
Arkansas

The cost of living difference between Lockesburg, AR and Russell, AR is dramatic. Russell is 35.7% cheaper than Lockesburg, a gap that translates to thousands of dollars per year in household expenses. Lockesburg has a cost index of 63 while Russell sits at 47, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lockesburg is $789/month compared to $310/month in Russell — a 155% difference. Home values follow the same pattern: Russell is more affordable at $77,500 median vs $116,300.

Median household income in Lockesburg is $58,313 compared to $22,361 in Russell (+160.8%). While Lockesburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lockesburg spend roughly 16.2% of their income on rent, less than the 16.6% in Russell.

Income & Cost

Cost of Living Index
Lockesburg
63
Russell
47
26% cheaper
Median Household Income
Lockesburg
$58,313
62% higher
Russell
$22,361

Housing

Median Rent
Lockesburg
$789
Russell
$310
61% cheaper
Median Home Value
Lockesburg
$116,300
Russell
$77,500
33% cheaper
Population
Lockesburg
772
Russell
265

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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