Montrose, AR vs Parkdale, AR

There is a significant gap in the cost of living between these two cities. Montrose is 20.9% cheaper than Parkdale. With a cost index of 76 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montrose to Parkdale should plan for substantially higher expenses across most categories.

Median household income in Montrose is $36,875 compared to $41,667 in Parkdale (-11.5%). The higher salaries in Parkdale partially offset the cost difference, but don't fully close the gap.