Colorado City, TX vs Selma, TX

The cost of living difference between Colorado City, TX and Selma, TX is dramatic. Colorado City is 46.1% cheaper than Selma, a gap that translates to thousands of dollars per year in household expenses. Colorado City has a cost index of 60 while Selma sits at 111, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Colorado City is $718/month compared to $1,796/month in Selma — a 60% difference. Home values follow the same pattern: Colorado City is more affordable at $61,100 median vs $288,700.

Median household income in Colorado City is $48,173 compared to $97,153 in Selma (-50.4%). While Selma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colorado City spend roughly 17.9% of their income on rent, less than the 22.2% in Selma.