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Blanket, TX vs Melvin, TX

57
Blanket
Texas
VS
-25.3%
76
Melvin
Texas

There is a significant gap in the cost of living between these two cities. Blanket is 25.3% cheaper than Melvin. With a cost index of 57 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Blanket to Melvin should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Blanket are $77,300 compared to $39,500 in Melvin, a 96% gap.

Median household income in Blanket is $45,417 compared to $53,438 in Melvin (-15%). The higher salaries in Melvin partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Blanket
57
25% cheaper
Melvin
76
Median Household Income
Blanket
$45,417
Melvin
$53,438
15% higher

Housing

Median Rent
Blanket
$578
Melvin
Median Home Value
Blanket
$77,300
Melvin
$39,500
49% cheaper
Population
Blanket
360
Melvin
123

Salary Equivalency Calculator

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