Alvarado, TX vs Edgewood, TX

Alvarado, TX and Edgewood, TX have a very similar cost of living, with only a 0.7% difference in their overall index. Alvarado scores 79 while Edgewood scores 79 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Alvarado is $854/month compared to $993/month in Edgewood — a 14% difference. Interestingly, home values tell a different story: while Alvarado has cheaper rent, Edgewood actually has lower median home values ($195,200 vs $206,800).

Median household income in Alvarado is $71,296 compared to $77,778 in Edgewood (-8.3%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alvarado spend roughly 14.4% of their income on rent, less than the 15.3% in Edgewood.