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Coleman, TX vs Indian Lake, TX

62
Coleman
Texas
VS
-16.9%
74
Indian Lake
Texas

There is a significant gap in the cost of living between these two cities. Coleman is 16.9% cheaper than Indian Lake. With a cost index of 62 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Coleman to Indian Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Coleman is $732/month compared to $1,292/month in Indian Lake — a 43% difference. Interestingly, home values tell a different story: while Coleman has cheaper rent, Indian Lake actually has lower median home values ($59,400 vs $75,000).

Median household income in Coleman is $50,294 compared to $32,895 in Indian Lake (+52.9%). Coleman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Coleman spend roughly 17.5% of their income on rent, less than the 47.1% in Indian Lake. The Coleman ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Coleman
62
17% cheaper
Indian Lake
74
Median Household Income
Coleman
$50,294
35% higher
Indian Lake
$32,895

Housing

Median Rent
Coleman
$732
43% cheaper
Indian Lake
$1,292
Median Home Value
Coleman
$75,000
Indian Lake
$59,400
21% cheaper
Population
Coleman
3,942
Indian Lake
1,340

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Coleman
Indian Lake $2.85
US $3.07
🥚
Eggs (grade A, large)
Coleman
Indian Lake $2.32
US $2.50
🥛
Milk (whole)
Coleman
Indian Lake $3.74
US $4.03
🍞
Bread (white)
Coleman
Indian Lake $1.72
US $1.85
🍗
Chicken breast
Coleman
Indian Lake $3.85
US $4.14
Electricity
Coleman
Indian Lake $0.17
US $0.19