Lonoke, AR vs Malvern, AR

Malvern is moderately more affordable than Lonoke, with a 7.4% lower cost of living index. Lonoke scores 66 compared to 61 for Malvern, where the US average is 100. This difference means residents of Lonoke can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lonoke is $794/month compared to $760/month in Malvern — a 5% difference. Home values follow the same pattern: Malvern is more affordable at $95,500 median vs $123,700.

Median household income in Lonoke is $49,323 compared to $40,602 in Malvern (+21.5%). While Lonoke is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lonoke spend roughly 19.3% of their income on rent, less than the 22.5% in Malvern.