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Georgetown, TX vs Southlake, TX

118
Georgetown
Texas
VS
-46.6%
221
Southlake
Texas

The cost of living difference between Georgetown, TX and Southlake, TX is dramatic. Georgetown is 46.6% cheaper than Southlake, a gap that translates to thousands of dollars per year in household expenses. Georgetown has a cost index of 118 while Southlake sits at 221, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Georgetown is $1,671/month compared to $3,501/month in Southlake — a 52% difference. Home values follow the same pattern: Georgetown is more affordable at $398,600 median vs $957,500.

Median household income in Georgetown is $91,857 compared to $250,001 in Southlake (-63.3%). While Southlake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Georgetown spend roughly 21.8% of their income on rent, more than the 16.8% in Southlake.

Climate-wise, both cities share similar average temperatures (67.4°F vs 66.6°F). Southlake receives more rainfall at 37" per year compared to 33" in Georgetown.

Income & Cost

Cost of Living Index
Georgetown
118
47% cheaper
Southlake
221
Median Household Income
Georgetown
$91,857
Southlake
$250,001
63% higher

Housing

Median Rent
Georgetown
$1,671
52% cheaper
Southlake
$3,501
Median Home Value
Georgetown
$398,600
58% cheaper
Southlake
$957,500
Population
Georgetown
78,803
Southlake
31,044

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Georgetown $2.85
Southlake $3.18
US $3.07
🥚
Eggs (grade A, large)
Georgetown $2.32
Southlake $2.59
US $2.50
🥛
Milk (whole)
Georgetown $3.74
Southlake $4.17
US $4.03
🍞
Bread (white)
Georgetown $1.72
Southlake $1.92
US $1.85
🍗
Chicken breast
Georgetown $3.85
Southlake $4.29
US $4.14
Electricity
Georgetown $0.17
Southlake $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Georgetown 67.4°F
Southlake 66.6°F
Summer High
Georgetown 94°F
Southlake 96°F
Winter Low
Georgetown 40°F
Southlake 36°F
Rainfall
Georgetown 33"
Southlake 37"
Rainy Days
Georgetown 76d
Southlake 79d