Groves, TX vs Wake Village, TX

Wake Village is moderately more affordable than Groves, with a 7.7% lower cost of living index. Groves scores 82 compared to 76 for Wake Village, where the US average is 100. This difference means residents of Groves can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Groves is $1,247/month compared to $1,061/month in Wake Village — a 18% difference. Interestingly, home values tell a different story: while Wake Village has cheaper rent, Groves actually has lower median home values ($153,800 vs $172,900).

Median household income in Groves is $70,485 compared to $69,796 in Wake Village (+1%). Groves does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Groves spend roughly 21.2% of their income on rent, more than the 18.2% in Wake Village.