Arcola, TX vs Wake Village, TX

Wake Village is moderately more affordable than Arcola, with a 9.7% lower cost of living index. Arcola scores 84 compared to 76 for Wake Village, where the US average is 100. This difference means residents of Arcola can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Arcola is $1,117/month compared to $1,061/month in Wake Village — a 5% difference. Home values follow the same pattern: Wake Village is more affordable at $172,900 median vs $182,700.

Median household income in Arcola is $73,778 compared to $69,796 in Wake Village (+5.7%). The higher salaries in Arcola partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Arcola spend roughly 18.2% of their income on rent, less than the 18.2% in Wake Village.