Magnolia, AR vs Nashville, AR

Magnolia, AR and Nashville, AR have a very similar cost of living, with only a 0% difference in their overall index. Magnolia scores 64 while Nashville scores 64 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 Magnolia is $622/month compared to $698/month in Nashville — a 11% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, Nashville actually has lower median home values ($138,400 vs $166,500).

Median household income in Magnolia is $42,188 compared to $39,207 in Nashville (+7.6%). Magnolia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Magnolia spend roughly 17.7% of their income on rent, less than the 21.4% in Nashville.