Aledo, TX vs Highland Village, TX

Aledo, TX and Highland Village, TX have a very similar cost of living, with only a 1.2% difference in their overall index. Aledo scores 148 while Highland Village scores 150 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 Aledo is $2,604/month compared to $2,434/month in Highland Village — a 7% difference. Interestingly, home values tell a different story: while Highland Village has cheaper rent, Aledo actually has lower median home values ($409,300 vs $493,400).

Median household income in Aledo is $152,083 compared to $164,459 in Highland Village (-7.5%). While Highland Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Aledo spend roughly 20.5% of their income on rent, more than the 17.8% in Highland Village.