Albany, TX vs Terrell Hills, TX

The cost of living difference between Albany, TX and Terrell Hills, TX is dramatic. Albany is 53.3% cheaper than Terrell Hills, a gap that translates to thousands of dollars per year in household expenses. Albany has a cost index of 61 while Terrell Hills sits at 131, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Albany is $478/month compared to $1,154/month in Terrell Hills — a 59% difference. Home values follow the same pattern: Albany is more affordable at $162,500 median vs $762,200.

Median household income in Albany is $56,339 compared to $217,800 in Terrell Hills (-74.1%). While Terrell Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albany spend roughly 10.2% of their income on rent, more than the 6.4% in Terrell Hills.