Elmendorf, TX vs Lakewood Village, TX
There is a significant gap in the cost of living between these two cities. Elmendorf is 27.2% cheaper than Lakewood Village. With a cost index of 85 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elmendorf to Lakewood Village should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Elmendorf are $163,000 compared to $494,200 in Lakewood Village, a 67% gap.
Median household income in Elmendorf is $57,750 compared to $154,219 in Lakewood Village (-62.6%). While Lakewood Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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