Katy, TX vs Providence Village, TX
There is a significant gap in the cost of living between these two cities. Katy is 15.1% cheaper than Providence Village. With a cost index of 115 vs 135, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Katy to Providence Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Katy is $1,609/month compared to $2,399/month in Providence Village — a 33% difference. Interestingly, home values tell a different story: while Katy has cheaper rent, Providence Village actually has lower median home values ($321,300 vs $376,800).
Median household income in Katy is $107,332 compared to $105,469 in Providence Village (+1.8%). Katy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Katy spend roughly 18% of their income on rent, less than the 27.3% in Providence Village.
Climate-wise, Katy is notably warmer with an average of 71.1°F compared to 64.5°F in Providence Village. Katy receives more rainfall at 49.7" per year compared to 35.6" in Providence Village.
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