Alma, TX vs Kemp, TX
Kemp is moderately more affordable than Alma, with a 5.7% lower cost of living index. Alma scores 87 compared to 82 for Kemp, where the US average is 100. This difference means residents of Alma can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Alma is $930/month compared to $1,080/month in Kemp — a 14% difference. Interestingly, home values tell a different story: while Alma has cheaper rent, Kemp actually has lower median home values ($168,300 vs $281,300).
Median household income in Alma is $105,300 compared to $69,875 in Kemp (+50.7%). 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 18.5% in Kemp.
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