Hedley, TX vs Walnut Springs, TX

There is a significant gap in the cost of living between these two cities. Hedley is 24% cheaper than Walnut Springs. With a cost index of 56 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hedley to Walnut Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hedley is $634/month compared to $1,175/month in Walnut Springs — a 46% difference. Home values follow the same pattern: Hedley is more affordable at $38,900 median vs $69,100.

Median household income in Hedley is $50,000 compared to $39,464 in Walnut Springs (+26.7%). Hedley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hedley spend roughly 15.2% of their income on rent, less than the 35.7% in Walnut Springs. The Hedley ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.