Alvarado, TX vs Highland Village, TX

The cost of living difference between Alvarado, TX and Highland Village, TX is dramatic. Alvarado is 47.6% cheaper than Highland Village, a gap that translates to thousands of dollars per year in household expenses. Alvarado has a cost index of 79 while Highland Village sits at 150, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Alvarado is $854/month compared to $2,434/month in Highland Village — a 65% difference. Home values follow the same pattern: Alvarado is more affordable at $206,800 median vs $493,400.

Median household income in Alvarado is $71,296 compared to $164,459 in Highland Village (-56.6%). While Highland Village 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 17.8% in Highland Village.