Commerce, TX vs The Homesteads, TX

Commerce is moderately more affordable than The Homesteads, with a 6.6% lower cost of living index. Commerce scores 73 compared to 79 for The Homesteads, where the US average is 100. This difference means residents of The Homesteads can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Commerce is $902/month compared to $1,107/month in The Homesteads — a 19% difference. Interestingly, home values tell a different story: while Commerce has cheaper rent, The Homesteads actually has lower median home values ($112,100 vs $124,800).

Median household income in Commerce is $43,051 compared to $64,037 in The Homesteads (-32.8%). While The Homesteads 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, more than the 20.7% in The Homesteads.