Collinsville, TX vs Wyldwood, TX

Collinsville, TX and Wyldwood, TX have a very similar cost of living, with only a 3.9% difference in their overall index. Collinsville scores 85 while Wyldwood scores 88 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 Collinsville is $1,152/month compared to $1,363/month in Wyldwood — a 16% difference. Interestingly, home values tell a different story: while Collinsville has cheaper rent, Wyldwood actually has lower median home values ($151,500 vs $212,400).

Median household income in Collinsville is $60,510 compared to $85,216 in Wyldwood (-29%). While Wyldwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Collinsville spend roughly 22.8% of their income on rent, more than the 19.2% in Wyldwood.