Malvern, AR vs Piney, AR

Malvern is moderately more affordable than Piney, with a 12.1% lower cost of living index. Malvern scores 61 compared to 69 for Piney, where the US average is 100. This difference means residents of Piney can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Malvern is $760/month compared to $939/month in Piney — a 19% difference. Home values follow the same pattern: Malvern is more affordable at $95,500 median vs $131,300.

Median household income in Malvern is $40,602 compared to $49,002 in Piney (-17.1%). While Piney 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 23% in Piney.