Alma, TX vs Wheeler, TX

There is a significant gap in the cost of living between these two cities. Wheeler is 18.2% cheaper than Alma. With a cost index of 74 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wheeler to Alma should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alma is $930/month compared to $986/month in Wheeler — a 6% difference. Interestingly, home values tell a different story: while Alma has cheaper rent, Wheeler actually has lower median home values ($130,000 vs $281,300).

Median household income in Alma is $105,300 compared to $56,000 in Wheeler (+88%). 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 21.1% in Wheeler.