Commerce, TX vs Fort Hood, TX
There is a significant gap in the cost of living between these two cities. Commerce is 25.6% cheaper than Fort Hood. With a cost index of 73 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Commerce to Fort Hood should plan for substantially higher expenses across most categories.
Renters will find that Commerce has a median rent of $902/month while Fort Hood comes in at $1,368/month, a 34% difference.
Median household income in Commerce is $43,051 compared to $59,661 in Fort Hood (-27.8%). While Fort Hood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Commerce spend roughly 25.1% of their income on rent, less than the 27.5% in Fort Hood.
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