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Hearne, TX vs Wallis, TX

59
Hearne
Texas
VS
-8.9%
64
Wallis
Texas

Hearne is moderately more affordable than Wallis, with a 8.9% lower cost of living index. Hearne scores 59 compared to 64 for Wallis, where the US average is 100. This difference means residents of Wallis can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hearne is $639/month compared to $692/month in Wallis — a 8% difference. Home values follow the same pattern: Hearne is more affordable at $90,200 median vs $104,200.

Median household income in Hearne is $30,938 compared to $40,411 in Wallis (-23.4%). While Wallis is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hearne spend roughly 24.8% of their income on rent, more than the 20.5% in Wallis.

Income & Cost

Cost of Living Index
Hearne
59
9% cheaper
Wallis
64
Median Household Income
Hearne
$30,938
Wallis
$40,411
23% higher

Housing

Median Rent
Hearne
$639
8% cheaper
Wallis
$692
Median Home Value
Hearne
$90,200
13% cheaper
Wallis
$104,200
Population
Hearne
4,529
Wallis
1,557

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hearne $2.85
Wallis $3.12
US $3.07
🥚
Eggs (grade A, large)
Hearne $2.32
Wallis $2.54
US $2.50
🥛
Milk (whole)
Hearne $3.74
Wallis $4.09
US $4.03
🍞
Bread (white)
Hearne $1.72
Wallis $1.88
US $1.85
🍗
Chicken breast
Hearne $3.85
Wallis $4.21
US $4.14
Electricity
Hearne $0.17
Wallis $0.18
US $0.19