Ferris, TX vs Perryton, TX
There is a significant gap in the cost of living between these two cities. Perryton is 23.9% cheaper than Ferris. With a cost index of 72 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Perryton to Ferris should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ferris is $1,145/month compared to $910/month in Perryton — a 26% difference. Home values follow the same pattern: Perryton is more affordable at $130,800 median vs $219,600.
Median household income in Ferris is $71,583 compared to $64,192 in Perryton (+11.5%). Ferris 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 Ferris spend roughly 19.2% of their income on rent, more than the 17% in Perryton.
Climate-wise, Ferris is notably warmer with an average of 66.9°F compared to 57.6°F in Perryton. Ferris receives more rainfall at 37.7" per year compared to 17.8" in Perryton.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)