Balmorhea, TX vs Lexington, TX
Balmorhea is moderately more affordable than Lexington, with a 12.5% lower cost of living index. Balmorhea scores 71 compared to 81 for Lexington, where the US average is 100. This difference means residents of Lexington can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Balmorhea is $1,088/month compared to $1,071/month in Lexington — a 2% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Balmorhea actually has lower median home values ($56,700 vs $186,100).
Median household income in Balmorhea is $29,375 compared to $59,821 in Lexington (-50.9%). While Lexington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Balmorhea spend roughly 44.4% of their income on rent, more than the 21.5% in Lexington. The Lexington ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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