Malvern, AR vs McGehee, AR

Malvern, AR and McGehee, AR have a very similar cost of living, with only a 2.2% difference in their overall index. Malvern scores 61 while McGehee scores 60 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 Malvern is $760/month compared to $695/month in McGehee — a 9% difference. Home values follow the same pattern: McGehee is more affordable at $93,000 median vs $95,500.

Median household income in Malvern is $40,602 compared to $33,679 in McGehee (+20.6%). While Malvern is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Malvern spend roughly 22.5% of their income on rent, less than the 24.8% in McGehee.