Horseshoe Bay, TX vs Red Lick, TX

Red Lick is moderately more affordable than Horseshoe Bay, with a 12.9% lower cost of living index. Horseshoe Bay scores 121 compared to 107 for Red Lick, where the US average is 100. This difference means residents of Horseshoe Bay can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Horseshoe Bay is $1,575/month compared to $1,718/month in Red Lick — a 8% difference. Interestingly, home values tell a different story: while Horseshoe Bay has cheaper rent, Red Lick actually has lower median home values ($307,000 vs $489,100).

Median household income in Horseshoe Bay is $105,024 compared to $136,250 in Red Lick (-22.9%). Red Lick offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Horseshoe Bay spend roughly 18% of their income on rent, more than the 15.1% in Red Lick.

Climate-wise, Horseshoe Bay is notably warmer with an average of 67.5°F compared to 64°F in Red Lick. Red Lick receives more rainfall at 48.9" per year compared to 28.4" in Horseshoe Bay.