Deerwood, TX vs Lakehills, TX

Deerwood, TX and Lakehills, TX have a very similar cost of living, with only a 1.4% difference in their overall index. Deerwood scores 81 while Lakehills scores 79 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.

When it comes to buying, median home values in Deerwood are $68,200 compared to $242,000 in Lakehills, a 72% gap.

Median household income in Deerwood is $83,400 compared to $85,409 in Lakehills (-2.4%). Lakehills offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.