Alton, TX vs Gun Barrel City, TX
There is a significant gap in the cost of living between these two cities. Alton is 15% cheaper than Gun Barrel City. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Alton to Gun Barrel City should plan for substantially higher expenses across most categories.
On the housing front, median rent in Alton is $981/month compared to $922/month in Gun Barrel City — a 6% difference. Interestingly, home values tell a different story: while Gun Barrel City has cheaper rent, Alton actually has lower median home values ($126,600 vs $229,300).
Median household income in Alton is $48,777 compared to $69,273 in Gun Barrel City (-29.6%). While Gun Barrel City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alton spend roughly 24.1% of their income on rent, more than the 16% in Gun Barrel City.
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