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Maynard, AR vs Payneway, AR

58
Maynard
Arkansas
VS
-21.9%
74
Payneway
Arkansas

There is a significant gap in the cost of living between these two cities. Maynard is 21.9% cheaper than Payneway. With a cost index of 58 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Maynard to Payneway should plan for substantially higher expenses across most categories.

Renters will find that Maynard has a median rent of $633/month while Payneway comes in at $625/month, a 1% difference.

Median household income in Maynard is $32,750 compared to $33,750 in Payneway (-3%). Payneway does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Maynard spend roughly 23.2% of their income on rent, more than the 22.2% in Payneway.

Income & Cost

Cost of Living Index
Maynard
58
22% cheaper
Payneway
74
Median Household Income
Maynard
$32,750
Payneway
$33,750
3% higher

Housing

Median Rent
Maynard
$633
Payneway
$625
1% cheaper
Median Home Value
Maynard
$93,100
Payneway
Population
Maynard
358
Payneway
125

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Maynard
Payneway $2.85
US $3.07
🥚
Eggs (grade A, large)
Maynard
Payneway $2.33
US $2.50
🥛
Milk (whole)
Maynard
Payneway $3.75
US $4.03
🍞
Bread (white)
Maynard
Payneway $1.72
US $1.85
🍗
Chicken breast
Maynard
Payneway $3.86
US $4.14
Electricity
Maynard
Payneway $0.15
US $0.19