Highland Park, TX vs University Park, TX

Highland Park, TX and University Park, TX have a very similar cost of living, with only a 4.5% difference in their overall index. Highland Park scores 258 while University Park scores 270 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 Highland Park is $2,216/month compared to $2,940/month in University Park — a 25% difference. Interestingly, home values tell a different story: while Highland Park has cheaper rent, University Park actually has lower median home values ($1,766,700 vs $1,887,300).

Median household income in Highland Park is $250,001 compared to $250,001 in University Park. Looking at affordability, residents of Highland Park spend roughly 10.6% of their income on rent, less than the 14.1% in University Park.

Climate-wise, both cities share similar average temperatures (68°F vs 68°F). University Park receives more rainfall at 38.3" per year compared to 38.3" in Highland Park.