Perry, AR vs Stephens, AR

There is a significant gap in the cost of living between these two cities. Stephens is 23.2% cheaper than Perry. With a cost index of 48 vs 59, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Stephens to Perry should plan for substantially higher expenses across most categories.

On the housing front, median rent in Perry is $713/month compared to $416/month in Stephens — a 71% difference. Home values follow the same pattern: Stephens is more affordable at $52,900 median vs $75,000.

Median household income in Perry is $39,063 compared to $37,361 in Stephens (+4.6%). Perry 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 Perry spend roughly 21.9% of their income on rent, more than the 13.4% in Stephens.