Grandfalls, TX vs Redwater, TX
There is a significant gap in the cost of living between these two cities. Redwater is 25.9% cheaper than Grandfalls. With a cost index of 61 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Redwater to Grandfalls should plan for substantially higher expenses across most categories.
Renters will find that Grandfalls has a median rent of $633/month while Redwater comes in at $796/month, a 21% difference.
Median household income in Grandfalls is $56,000 compared to $48,942 in Redwater (+14.4%). The higher salaries in Grandfalls partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Grandfalls spend roughly 13.6% of their income on rent, less than the 19.5% in Redwater.
Climate-wise, both cities share similar average temperatures (65.8°F vs 64°F). Redwater receives more rainfall at 48.9" per year compared to 13.4" in Grandfalls.
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