Elgin, TX vs Taylor Lake Village, TX

Elgin is moderately more affordable than Taylor Lake Village, with a 8.5% lower cost of living index. Elgin scores 95 compared to 104 for Taylor Lake Village, where the US average is 100. This difference means residents of Taylor Lake Village can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Elgin are $267,900 compared to $358,000 in Taylor Lake Village, a 25% gap.

Median household income in Elgin is $85,666 compared to $161,191 in Taylor Lake Village (-46.9%). While Taylor Lake Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.