Bedford, TX vs Lakeway, TX

The cost of living difference between Bedford, TX and Lakeway, TX is dramatic. Bedford is 43.2% cheaper than Lakeway, a gap that translates to thousands of dollars per year in household expenses. Bedford has a cost index of 106 while Lakeway sits at 186, 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 Bedford is $1,429/month compared to $3,123/month in Lakeway — a 54% difference. Home values follow the same pattern: Bedford is more affordable at $322,300 median vs $695,400.

Median household income in Bedford is $81,393 compared to $164,978 in Lakeway (-50.7%). While Lakeway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 21.1% of their income on rent, less than the 22.7% in Lakeway.