Beasley, TX vs Oak Ridge town (Cooke County), TX
There is a significant gap in the cost of living between these two cities. Oak Ridge town (Cooke County) is 23.5% cheaper than Beasley. With a cost index of 77 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Ridge town (Cooke County) to Beasley should plan for substantially higher expenses across most categories.
Renters will find that Beasley has a median rent of $1,173/month while Oak Ridge town (Cooke County) comes in at $1,457/month, a 20% difference.
Median household income in Beasley is $66,875 compared to $48,417 in Oak Ridge town (Cooke County) (+38.1%). While Beasley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beasley spend roughly 21% of their income on rent, less than the 36.1% in Oak Ridge town (Cooke County). The Beasley ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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