Edgewood, TX vs Nocona Hills, TX
Edgewood, TX and Nocona Hills, TX have a very similar cost of living, with only a 2.4% difference in their overall index. Edgewood scores 79 while Nocona Hills scores 77 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.
On the housing front, median rent in Edgewood is $993/month compared to $1,057/month in Nocona Hills — a 6% difference. Interestingly, home values tell a different story: while Edgewood has cheaper rent, Nocona Hills actually has lower median home values ($148,900 vs $195,200).
Median household income in Edgewood is $77,778 compared to $59,145 in Nocona Hills (+31.5%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewood spend roughly 15.3% of their income on rent, less than the 21.4% in Nocona Hills.
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