Barrett, TX vs Highland Park, TX

The cost of living difference between Barrett, TX and Highland Park, TX is dramatic. Barrett is 66.6% cheaper than Highland Park, a gap that translates to thousands of dollars per year in household expenses. Barrett has a cost index of 86 while Highland Park sits at 258, 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 Barrett is $1,330/month compared to $2,216/month in Highland Park — a 40% difference. Home values follow the same pattern: Barrett is more affordable at $133,600 median vs $1,887,300.

Median household income in Barrett is $70,594 compared to $250,001 in Highland Park (-71.8%). While Highland Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Barrett spend roughly 22.6% of their income on rent, more than the 10.6% in Highland Park.