Caldwell, TX vs Hamshire, TX

There is a significant gap in the cost of living between these two cities. Caldwell is 18.2% cheaper than Hamshire. With a cost index of 73 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caldwell to Hamshire should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Caldwell are $191,900 compared to $219,600 in Hamshire, a 13% gap.

Median household income in Caldwell is $74,764 compared to $115,125 in Hamshire (-35.1%). While Hamshire is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.