Caddo Mills, TX vs River Oaks, TX

Caddo Mills, TX and River Oaks, TX have a very similar cost of living, with only a 0.1% difference in their overall index. Caddo Mills scores 90 while River Oaks scores 90 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Caddo Mills is $1,103/month compared to $1,220/month in River Oaks — a 10% difference. Interestingly, home values tell a different story: while Caddo Mills has cheaper rent, River Oaks actually has lower median home values ($202,800 vs $247,400).

Median household income in Caddo Mills is $75,385 compared to $65,582 in River Oaks (+14.9%). While Caddo Mills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caddo Mills spend roughly 17.6% of their income on rent, less than the 22.3% in River Oaks.