Alvarado, TX vs Gatesville, TX

Gatesville is moderately more affordable than Alvarado, with a 7.1% lower cost of living index. Alvarado scores 79 compared to 74 for Gatesville, where the US average is 100. This difference means residents of Alvarado 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 $920/month in Gatesville — a 7% difference. Interestingly, home values tell a different story: while Alvarado has cheaper rent, Gatesville actually has lower median home values ($162,000 vs $206,800).

Median household income in Alvarado is $71,296 compared to $54,802 in Gatesville (+30.1%). While Alvarado 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 20.1% in Gatesville.