Lowell, AR vs Shannon Hills, AR

Lowell, AR and Shannon Hills, AR have a very similar cost of living, with only a 2% difference in their overall index. Lowell scores 86 while Shannon Hills scores 84 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 Lowell is $1,080/month compared to $1,277/month in Shannon Hills — a 15% difference. Interestingly, home values tell a different story: while Lowell has cheaper rent, Shannon Hills actually has lower median home values ($175,200 vs $260,100).

Median household income in Lowell is $92,986 compared to $69,413 in Shannon Hills (+34%). 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 22.1% in Shannon Hills.