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Balch Springs, TX vs Woodway, TX

91
Balch Springs
Texas
VS
-19%
112
Woodway
Texas

There is a significant gap in the cost of living between these two cities. Balch Springs is 19% cheaper than Woodway. With a cost index of 91 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Balch Springs to Woodway should plan for substantially higher expenses across most categories.

On the housing front, median rent in Balch Springs is $1,260/month compared to $1,748/month in Woodway — a 28% difference. Home values follow the same pattern: Balch Springs is more affordable at $208,200 median vs $336,100.

Median household income in Balch Springs is $70,528 compared to $115,729 in Woodway (-39.1%). While Woodway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Balch Springs spend roughly 21.4% of their income on rent, more than the 18.1% in Woodway.

Income & Cost

Cost of Living Index
Balch Springs
91
19% cheaper
Woodway
112
Median Household Income
Balch Springs
$70,528
Woodway
$115,729
39% higher

Housing

Median Rent
Balch Springs
$1,260
28% cheaper
Woodway
$1,748
Median Home Value
Balch Springs
$208,200
38% cheaper
Woodway
$336,100
Population
Balch Springs
27,181
Woodway
9,483

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Balch Springs $3.18
Woodway $2.85
US $3.07
🥚
Eggs (grade A, large)
Balch Springs $2.59
Woodway $2.32
US $2.50
🥛
Milk (whole)
Balch Springs $4.17
Woodway $3.74
US $4.03
🍞
Bread (white)
Balch Springs $1.92
Woodway $1.72
US $1.85
🍗
Chicken breast
Balch Springs $4.29
Woodway $3.85
US $4.14
Electricity
Balch Springs $0.18
Woodway $0.17
US $0.19