Magnolia, AR vs West Memphis, AR

Magnolia is moderately more affordable than West Memphis, with a 6.1% lower cost of living index. Magnolia scores 64 compared to 68 for West Memphis, where the US average is 100. This difference means residents of West Memphis 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 $847/month in West Memphis — a 27% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, West Memphis actually has lower median home values ($119,100 vs $166,500).

Median household income in Magnolia is $42,188 compared to $41,860 in West Memphis (+0.8%). 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 24.3% in West Memphis.