Highlands, TX vs Palmhurst, TX
There is a significant gap in the cost of living between these two cities. Palmhurst is 19.8% cheaper than Highlands. With a cost index of 77 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palmhurst to Highlands should plan for substantially higher expenses across most categories.
On the housing front, median rent in Highlands is $1,364/month compared to $816/month in Palmhurst — a 67% difference. Interestingly, home values tell a different story: while Palmhurst has cheaper rent, Highlands actually has lower median home values ($191,400 vs $266,700).
Median household income in Highlands is $54,524 compared to $82,629 in Palmhurst (-34%). Palmhurst offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Highlands spend roughly 30% of their income on rent, more than the 11.9% in Palmhurst.
Climate-wise, Palmhurst is notably warmer with an average of 77.4°F compared to 71.1°F in Highlands. Highlands receives more rainfall at 55.6" per year compared to 22.2" in Palmhurst.
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Climate
NOAA 30-year normals (1991-2020)