Paragould, AR vs West Memphis, AR

West Memphis is moderately more affordable than Paragould, with a 5.4% lower cost of living index. Paragould scores 71 compared to 68 for West Memphis, where the US average is 100. This difference means residents of Paragould can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Paragould is $883/month compared to $847/month in West Memphis — a 4% difference. Home values follow the same pattern: West Memphis is more affordable at $119,100 median vs $175,400.

Median household income in Paragould is $56,181 compared to $41,860 in West Memphis (+34.2%). While Paragould is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Paragould spend roughly 18.9% of their income on rent, less than the 24.3% in West Memphis.