Alvarado, TX vs Collinsville, TX

Alvarado is moderately more affordable than Collinsville, with a 7% lower cost of living index. Alvarado scores 79 compared to 85 for Collinsville, where the US average is 100. This difference means residents of Collinsville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alvarado is $854/month compared to $1,152/month in Collinsville — a 26% difference. Home values follow the same pattern: Alvarado is more affordable at $206,800 median vs $212,400.

Median household income in Alvarado is $71,296 compared to $60,510 in Collinsville (+17.8%). Alvarado offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alvarado spend roughly 14.4% of their income on rent, less than the 22.8% in Collinsville.