Magnolia, AR vs Walnut Ridge, AR

Walnut Ridge is moderately more affordable than Magnolia, with a 5.5% lower cost of living index. Magnolia scores 64 compared to 60 for Walnut Ridge, 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 $710/month in Walnut Ridge — a 12% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, Walnut Ridge actually has lower median home values ($104,500 vs $166,500).

Median household income in Magnolia is $42,188 compared to $47,612 in Walnut Ridge (-11.4%). Walnut Ridge 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 17.9% in Walnut Ridge.