Iowa Park, TX vs Pelican Bay, TX

There is a significant gap in the cost of living between these two cities. Iowa Park is 19.3% cheaper than Pelican Bay. With a cost index of 70 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Iowa Park to Pelican Bay should plan for substantially higher expenses across most categories.

On the housing front, median rent in Iowa Park is $945/month compared to $1,299/month in Pelican Bay — a 27% difference. Home values follow the same pattern: Iowa Park is more affordable at $121,800 median vs $140,000.

Median household income in Iowa Park is $64,340 compared to $57,105 in Pelican Bay (+12.7%). Iowa Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Iowa Park spend roughly 17.6% of their income on rent, less than the 27.3% in Pelican Bay.

Climate-wise, Pelican Bay is notably warmer with an average of 67.8°F compared to 63.7°F in Iowa Park. Pelican Bay receives more rainfall at 32.6" per year compared to 27.9" in Iowa Park.