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Ivanhoe, TX vs Meadows Place, TX

74
Ivanhoe
Texas
VS
-23.2%
96
Meadows Place
Texas

There is a significant gap in the cost of living between these two cities. Ivanhoe is 23.2% cheaper than Meadows Place. With a cost index of 74 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ivanhoe to Meadows Place should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ivanhoe is $1,106/month compared to $1,324/month in Meadows Place — a 17% difference. Home values follow the same pattern: Ivanhoe is more affordable at $85,500 median vs $256,000.

Median household income in Ivanhoe is $42,917 compared to $92,736 in Meadows Place (-53.7%). While Meadows Place is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ivanhoe spend roughly 30.9% of their income on rent, more than the 17.1% in Meadows Place. The Meadows Place ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Meadows Place is notably warmer with an average of 71.1°F compared to 66.4°F in Ivanhoe. Ivanhoe receives more rainfall at 50.3" per year compared to 49.7" in Meadows Place.

Income & Cost

Cost of Living Index
Ivanhoe
74
23% cheaper
Meadows Place
96
Median Household Income
Ivanhoe
$42,917
Meadows Place
$92,736
54% higher

Housing

Median Rent
Ivanhoe
$1,106
16% cheaper
Meadows Place
$1,324
Median Home Value
Ivanhoe
$85,500
67% cheaper
Meadows Place
$256,000
Population
Ivanhoe
1,619
Meadows Place
4,689

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ivanhoe
Meadows Place $3.12
US $3.07
🥚
Eggs (grade A, large)
Ivanhoe
Meadows Place $2.54
US $2.50
🥛
Milk (whole)
Ivanhoe
Meadows Place $4.09
US $4.03
🍞
Bread (white)
Ivanhoe
Meadows Place $1.88
US $1.85
🍗
Chicken breast
Ivanhoe
Meadows Place $4.21
US $4.14
Electricity
Ivanhoe
Meadows Place $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Ivanhoe 66.4°F
Meadows Place 71.1°F
Summer High
Ivanhoe 93°F
Meadows Place 95°F
Winter Low
Ivanhoe 38°F
Meadows Place 45°F
Rainfall
Ivanhoe 50.3"
Meadows Place 49.7"
Rainy Days
Ivanhoe 103d
Meadows Place 119d