Caldwell, TX vs Southmayd, TX
There is a significant gap in the cost of living between these two cities. Caldwell is 23.6% cheaper than Southmayd. With a cost index of 73 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caldwell to Southmayd should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caldwell is $850/month compared to $1,725/month in Southmayd — a 51% difference. Interestingly, home values tell a different story: while Caldwell has cheaper rent, Southmayd actually has lower median home values ($140,100 vs $191,900).
Median household income in Caldwell is $74,764 compared to $78,750 in Southmayd (-5.1%). Southmayd 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 Caldwell spend roughly 13.6% of their income on rent, less than the 26.3% in Southmayd.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area