Lowell, AR vs Paragould, AR
There is a significant gap in the cost of living between these two cities. Paragould is 20.8% cheaper than Lowell. With a cost index of 71 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Paragould to Lowell should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lowell is $1,080/month compared to $883/month in Paragould — a 22% difference. Home values follow the same pattern: Paragould is more affordable at $175,400 median vs $260,100.
Median household income in Lowell is $92,986 compared to $56,181 in Paragould (+65.5%). While Lowell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lowell spend roughly 13.9% of their income on rent, less than the 18.9% in Paragould.
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