Dumas, TX vs Lancaster, TX
There is a significant gap in the cost of living between these two cities. Dumas is 26.2% cheaper than Lancaster. With a cost index of 77 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dumas to Lancaster should plan for substantially higher expenses across most categories.
On the housing front, median rent in Dumas is $1,029/month compared to $1,627/month in Lancaster — a 37% difference. Home values follow the same pattern: Dumas is more affordable at $151,400 median vs $229,900.
Median household income in Dumas is $62,129 compared to $67,584 in Lancaster (-8.1%). Lancaster does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Dumas spend roughly 19.9% of their income on rent, less than the 28.9% in Lancaster.
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