Fort Hood, TX vs Graham, TX
There is a significant gap in the cost of living between these two cities. Graham is 28.7% cheaper than Fort Hood. With a cost index of 77 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Graham to Fort Hood should plan for substantially higher expenses across most categories.
Renters will find that Fort Hood has a median rent of $1,368/month while Graham comes in at $970/month, a 41% difference.
Median household income in Fort Hood is $59,661 compared to $58,525 in Graham (+1.9%). Fort Hood 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 Fort Hood spend roughly 27.5% of their income on rent, more than the 19.9% in Graham.
Climate-wise, both cities share similar average temperatures (67.5°F vs 65.1°F). Graham receives more rainfall at 31.8" per year compared to 28.4" in Fort Hood.
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)