Magnolia, AR vs Texarkana, AR

Magnolia is moderately more affordable than Texarkana, with a 9.8% lower cost of living index. Magnolia scores 64 compared to 70 for Texarkana, where the US average is 100. This difference means residents of Texarkana 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 $893/month in Texarkana — a 30% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, Texarkana actually has lower median home values ($162,700 vs $166,500).

Median household income in Magnolia is $42,188 compared to $47,930 in Texarkana (-12%). While Texarkana 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 22.4% in Texarkana.