Caddo Mills, TX vs Monahans, TX

There is a significant gap in the cost of living between these two cities. Monahans is 20.9% cheaper than Caddo Mills. With a cost index of 74 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monahans 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 $919/month in Monahans — a 20% difference. Home values follow the same pattern: Monahans is more affordable at $159,000 median vs $247,400.

Median household income in Caddo Mills is $75,385 compared to $70,820 in Monahans (+6.4%). Caddo Mills does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Caddo Mills spend roughly 17.6% of their income on rent, more than the 15.6% in Monahans.