Houston, TX vs Richardson, TX
There is a significant gap in the cost of living between these two cities. Houston is 23.3% cheaper than Richardson. With a cost index of 96 vs 124, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Houston to Richardson should plan for substantially higher expenses across most categories.
On the housing front, median rent in Houston is $1,313/month compared to $1,825/month in Richardson — a 28% difference. Home values follow the same pattern: Houston is more affordable at $253,400 median vs $405,600.
Median household income in Houston is $62,894 compared to $96,257 in Richardson (-34.7%). While Richardson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Houston spend roughly 25.1% of their income on rent, more than the 22.8% in Richardson.
Climate-wise, Houston is notably warmer with an average of 71.1°F compared to 68°F in Richardson. Houston receives more rainfall at 55.6" per year compared to 38.3" in Richardson.
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Climate
NOAA 30-year normals (1991-2020)