Clifton, TX vs Rankin, TX
There is a significant gap in the cost of living between these two cities. Rankin is 18.2% cheaper than Clifton. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rankin to Clifton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Clifton is $1,008/month compared to $664/month in Rankin — a 52% difference. Home values follow the same pattern: Rankin is more affordable at $119,000 median vs $147,500.
Median household income in Clifton is $63,696 compared to $72,083 in Rankin (-11.6%). Rankin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clifton spend roughly 19% of their income on rent, more than the 11.1% in Rankin.
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