McGehee, AR vs Perryville, AR

McGehee, AR and Perryville, AR have a very similar cost of living, with only a 1.6% difference in their overall index. McGehee scores 60 while Perryville scores 59 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 McGehee is $695/month compared to $589/month in Perryville — a 18% difference. Interestingly, home values tell a different story: while Perryville has cheaper rent, McGehee actually has lower median home values ($93,000 vs $116,700).

Median household income in McGehee is $33,679 compared to $59,531 in Perryville (-43.4%). Perryville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of McGehee spend roughly 24.8% of their income on rent, more than the 11.9% in Perryville.