Carthage, TX vs Terrell, TX

There is a significant gap in the cost of living between these two cities. Carthage is 21.6% cheaper than Terrell. With a cost index of 68 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carthage to Terrell should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carthage is $737/month compared to $1,167/month in Terrell — a 37% difference. Home values follow the same pattern: Carthage is more affordable at $153,100 median vs $190,000.

Median household income in Carthage is $44,738 compared to $63,795 in Terrell (-29.9%). While Terrell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carthage spend roughly 19.8% of their income on rent, less than the 22% in Terrell.