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Groves, TX vs Homestead Meadows North, TX

82
Groves
Texas
VS
+16.2%
71
Homestead Meadows North
Texas

There is a significant gap in the cost of living between these two cities. Homestead Meadows North is 16.2% cheaper than Groves. With a cost index of 71 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Homestead Meadows North to Groves should plan for substantially higher expenses across most categories.

On the housing front, median rent in Groves is $1,247/month compared to $824/month in Homestead Meadows North — a 51% difference. Interestingly, home values tell a different story: while Homestead Meadows North has cheaper rent, Groves actually has lower median home values ($153,800 vs $170,300).

Median household income in Groves is $70,485 compared to $55,559 in Homestead Meadows North (+26.9%). While Groves is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Groves spend roughly 21.2% of their income on rent, more than the 17.8% in Homestead Meadows North.

Climate-wise, Groves is notably warmer with an average of 69.9°F compared to 66.2°F in Homestead Meadows North. Groves receives more rainfall at 62.1" per year compared to 8.8" in Homestead Meadows North.

Income & Cost

Cost of Living Index
Groves
82
Homestead Meadows North
71
14% cheaper
Median Household Income
Groves
$70,485
21% higher
Homestead Meadows North
$55,559

Housing

Median Rent
Groves
$1,247
Homestead Meadows North
$824
34% cheaper
Median Home Value
Groves
$153,800
10% cheaper
Homestead Meadows North
$170,300
Population
Groves
17,021
Homestead Meadows North
5,987

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Groves $2.85
Homestead Meadows North $2.85
US $3.07
🥚
Eggs (grade A, large)
Groves $2.32
Homestead Meadows North $2.32
US $2.50
🥛
Milk (whole)
Groves $3.74
Homestead Meadows North $3.74
US $4.03
🍞
Bread (white)
Groves $1.72
Homestead Meadows North $1.72
US $1.85
🍗
Chicken breast
Groves $3.85
Homestead Meadows North $3.85
US $4.14
Electricity
Groves $0.17
Homestead Meadows North $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Groves 69.9°F
Homestead Meadows North 66.2°F
Summer High
Groves 93°F
Homestead Meadows North 96°F
Winter Low
Groves 44°F
Homestead Meadows North 35°F
Rainfall
Groves 62.1"
Homestead Meadows North 8.8"
Rainy Days
Groves 108d
Homestead Meadows North 48d