Cockrell Hill, TX vs New Waverly, TX
Cockrell Hill, TX and New Waverly, TX have a very similar cost of living, with only a 0.2% difference in their overall index. Cockrell Hill scores 82 while New Waverly scores 82 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 Cockrell Hill is $1,058/month compared to $1,049/month in New Waverly — a 1% difference. Interestingly, home values tell a different story: while New Waverly has cheaper rent, Cockrell Hill actually has lower median home values ($174,400 vs $188,000).
Median household income in Cockrell Hill is $53,788 compared to $47,589 in New Waverly (+13%). While Cockrell Hill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cockrell Hill spend roughly 23.6% of their income on rent, less than the 26.5% in New Waverly.
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