Bastrop, TX vs Redwood, TX

There is a significant gap in the cost of living between these two cities. Redwood is 29.3% cheaper than Bastrop. With a cost index of 79 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Redwood to Bastrop should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bastrop is $1,387/month compared to $1,042/month in Redwood — a 33% difference. Home values follow the same pattern: Redwood is more affordable at $154,900 median vs $308,300.

Median household income in Bastrop is $70,625 compared to $82,411 in Redwood (-14.3%). Redwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bastrop spend roughly 23.6% of their income on rent, more than the 15.2% in Redwood.