Caldwell, TX vs Iraan, TX

Caldwell, TX and Iraan, TX have a very similar cost of living, with only a 4.7% difference in their overall index. Caldwell scores 73 while Iraan scores 70 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 Caldwell is $850/month compared to $965/month in Iraan — a 12% difference. Interestingly, home values tell a different story: while Caldwell has cheaper rent, Iraan actually has lower median home values ($94,100 vs $191,900).

Median household income in Caldwell is $74,764 compared to $42,167 in Iraan (+77.3%). While Caldwell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caldwell spend roughly 13.6% of their income on rent, less than the 27.5% in Iraan.