Alma, TX vs Hemphill, TX

There is a significant gap in the cost of living between these two cities. Hemphill is 29.7% cheaper than Alma. With a cost index of 67 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hemphill to Alma should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alma is $930/month compared to $888/month in Hemphill — a 5% difference. Home values follow the same pattern: Hemphill is more affordable at $86,300 median vs $281,300.

Median household income in Alma is $105,300 compared to $58,445 in Hemphill (+80.2%). While Alma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 10.6% of their income on rent, less than the 18.2% in Hemphill.