Caddo Mills, TX vs Lampasas, TX
There is a significant gap in the cost of living between these two cities. Lampasas is 19.9% cheaper than Caddo Mills. With a cost index of 75 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lampasas to Caddo Mills should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caddo Mills is $1,103/month compared to $867/month in Lampasas — a 27% difference. Home values follow the same pattern: Lampasas is more affordable at $197,000 median vs $247,400.
Median household income in Caddo Mills is $75,385 compared to $63,173 in Lampasas (+19.3%). The higher salaries in Caddo Mills partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Caddo Mills spend roughly 17.6% of their income on rent, more than the 16.5% in Lampasas.
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