Graham, TX vs Waller, TX
Graham, TX and Waller, TX have a very similar cost of living, with only a 1.9% difference in their overall index. Graham scores 77 while Waller scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Graham is $970/month compared to $1,022/month in Waller — a 5% difference. Interestingly, home values tell a different story: while Graham has cheaper rent, Waller actually has lower median home values ($115,100 vs $173,000).
Median household income in Graham is $58,525 compared to $37,163 in Waller (+57.5%). While Graham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Graham spend roughly 19.9% of their income on rent, less than the 33% in Waller. The Graham ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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