Floydada, TX vs Winona, TX
There is a significant gap in the cost of living between these two cities. Floydada is 29.4% cheaper than Winona. With a cost index of 54 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Floydada to Winona should plan for substantially higher expenses across most categories.
On the housing front, median rent in Floydada is $510/month compared to $1,136/month in Winona — a 55% difference. Home values follow the same pattern: Floydada is more affordable at $83,400 median vs $118,300.
Median household income in Floydada is $45,848 compared to $52,958 in Winona (-13.4%). Winona 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 Floydada spend roughly 13.3% of their income on rent, less than the 25.7% in Winona.
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