Homestead Meadows South, TX vs Stephenville, TX

There is a significant gap in the cost of living between these two cities. Homestead Meadows South is 23.2% cheaper than Stephenville. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Homestead Meadows South to Stephenville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Homestead Meadows South is $762/month compared to $1,128/month in Stephenville — a 32% difference. Home values follow the same pattern: Homestead Meadows South is more affordable at $135,100 median vs $226,300.

Median household income in Homestead Meadows South is $60,571 compared to $55,504 in Stephenville (+9.1%). Homestead Meadows South offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Homestead Meadows South spend roughly 15.1% of their income on rent, less than the 24.4% in Stephenville.

Climate-wise, both cities share similar average temperatures (66.2°F vs 65°F). Stephenville receives more rainfall at 34.1" per year compared to 8.8" in Homestead Meadows South.