Magnolia, AR vs McGehee, AR

McGehee is moderately more affordable than Magnolia, with a 6.4% lower cost of living index. Magnolia scores 64 compared to 60 for McGehee, where the US average is 100. This difference means residents of Magnolia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Magnolia is $622/month compared to $695/month in McGehee — a 11% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, McGehee actually has lower median home values ($93,000 vs $166,500).

Median household income in Magnolia is $42,188 compared to $33,679 in McGehee (+25.3%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Magnolia spend roughly 17.7% of their income on rent, less than the 24.8% in McGehee.