Balcones Heights, TX vs Cleveland, TX

Balcones Heights, TX and Cleveland, TX have a very similar cost of living, with only a 4.1% difference in their overall index. Balcones Heights scores 79 while Cleveland scores 76 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 Balcones Heights is $927/month compared to $928/month in Cleveland — a 0% difference. Interestingly, home values tell a different story: while Balcones Heights has cheaper rent, Cleveland actually has lower median home values ($153,200 vs $214,300).

Median household income in Balcones Heights is $28,082 compared to $54,888 in Cleveland (-48.8%). Cleveland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Balcones Heights spend roughly 39.6% of their income on rent, more than the 20.3% in Cleveland. The Cleveland ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.