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Hamilton, TX vs Lake Colorado City, TX

64
Hamilton
Texas
VS
+25.5%
51
Lake Colorado City
Texas

There is a significant gap in the cost of living between these two cities. Lake Colorado City is 25.5% cheaper than Hamilton. With a cost index of 51 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Colorado City to Hamilton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hamilton is $749/month compared to $435/month in Lake Colorado City — a 72% difference. Home values follow the same pattern: Lake Colorado City is more affordable at $53,300 median vs $95,000.

Median household income in Hamilton is $46,466 compared to $54,286 in Lake Colorado City (-14.4%). Lake Colorado City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hamilton spend roughly 19.3% of their income on rent, more than the 9.6% in Lake Colorado City.

Climate-wise, both cities share similar average temperatures (65°F vs 64.8°F). Hamilton receives more rainfall at 34.1" per year compared to 19.6" in Lake Colorado City.

Income & Cost

Cost of Living Index
Hamilton
64
Lake Colorado City
51
20% cheaper
Median Household Income
Hamilton
$46,466
Lake Colorado City
$54,286
14% higher

Housing

Median Rent
Hamilton
$749
Lake Colorado City
$435
42% cheaper
Median Home Value
Hamilton
$95,000
Lake Colorado City
$53,300
44% cheaper
Population
Hamilton
2,904
Lake Colorado City
1,001

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hamilton 65°F
Lake Colorado City 64.8°F
Summer High
Hamilton 97°F
Lake Colorado City 96°F
Winter Low
Hamilton 31°F
Lake Colorado City 31°F
Rainfall
Hamilton 34.1"
Lake Colorado City 19.6"
Rainy Days
Hamilton 74d
Lake Colorado City 46d