Malvern, AR vs Sheridan, AR

Malvern is moderately more affordable than Sheridan, with a 11.9% lower cost of living index. Malvern scores 61 compared to 69 for Sheridan, where the US average is 100. This difference means residents of Sheridan 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 $757/month in Sheridan — a 0% difference. Interestingly, home values tell a different story: while Sheridan has cheaper rent, Malvern actually has lower median home values ($95,500 vs $182,300).

Median household income in Malvern is $40,602 compared to $61,025 in Sheridan (-33.5%). While Sheridan 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, more than the 14.9% in Sheridan.