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Knox City, TX vs Welch, TX

56
Knox City
Texas
VS
-31.5%
81
Welch
Texas

The cost of living difference between Knox City, TX and Welch, TX is dramatic. Knox City is 31.5% cheaper than Welch, a gap that translates to thousands of dollars per year in household expenses. Knox City has a cost index of 56 while Welch sits at 81, 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.

When it comes to buying, median home values in Knox City are $59,300 compared to $97,500 in Welch, a 39% gap.

Median household income in Knox City is $41,477 compared to $60,208 in Welch (-31.1%). The higher salaries in Welch partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Knox City
56
32% cheaper
Welch
81
Median Household Income
Knox City
$41,477
Welch
$60,208
31% higher

Housing

Median Rent
Knox City
$579
Welch
Median Home Value
Knox City
$59,300
39% cheaper
Welch
$97,500
Population
Knox City
822
Welch
276

Salary Equivalency Calculator

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