Bedford, TX vs Melissa, TX
There is a significant gap in the cost of living between these two cities. Bedford is 25.7% cheaper than Melissa. With a cost index of 106 vs 142, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bedford to Melissa should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bedford is $1,429/month compared to $2,341/month in Melissa — a 39% difference. Home values follow the same pattern: Bedford is more affordable at $322,300 median vs $430,300.
Median household income in Bedford is $81,393 compared to $137,875 in Melissa (-41%). While Melissa 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, more than the 20.4% in Melissa.
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