Groves, TX vs Lakehills, TX
Groves, TX and Lakehills, TX have a very similar cost of living, with only a 3.5% difference in their overall index. Groves scores 82 while Lakehills scores 79 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 Groves is $1,247/month compared to $876/month in Lakehills — a 42% difference. Interestingly, home values tell a different story: while Lakehills has cheaper rent, Groves actually has lower median home values ($153,800 vs $242,000).
Median household income in Groves is $70,485 compared to $85,409 in Lakehills (-17.5%). Lakehills offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Groves spend roughly 21.2% of their income on rent, more than the 12.3% in Lakehills.
Climate-wise, both cities share similar average temperatures (69.9°F vs 69.6°F). Groves receives more rainfall at 62.1" per year compared to 24.9" in Lakehills.
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