Keene, TX vs Lakeway, TX

The cost of living difference between Keene, TX and Lakeway, TX is dramatic. Keene is 55.6% cheaper than Lakeway, a gap that translates to thousands of dollars per year in household expenses. Keene has a cost index of 83 while Lakeway sits at 186, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Keene is $950/month compared to $3,123/month in Lakeway — a 70% difference. Home values follow the same pattern: Keene is more affordable at $219,900 median vs $695,400.

Median household income in Keene is $50,796 compared to $164,978 in Lakeway (-69.2%). While Lakeway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Keene spend roughly 22.4% of their income on rent, less than the 22.7% in Lakeway.

Climate-wise, Lakeway is notably warmer with an average of 70°F compared to 66.8°F in Keene. Lakeway receives more rainfall at 36.3" per year compared to 36.2" in Keene.