Iowa Park, TX vs Terrell, TX

There is a significant gap in the cost of living between these two cities. Iowa Park is 19.4% cheaper than Terrell. 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 Terrell should plan for substantially higher expenses across most categories.

On the housing front, median rent in Iowa Park is $945/month compared to $1,167/month in Terrell — a 19% difference. Home values follow the same pattern: Iowa Park is more affordable at $121,800 median vs $190,000.

Median household income in Iowa Park is $64,340 compared to $63,795 in Terrell (+0.9%). 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 22% in Terrell.

Climate-wise, both cities share similar average temperatures (63.7°F vs 66.4°F). Terrell receives more rainfall at 38.4" per year compared to 27.9" in Iowa Park.