Lake Worth, TX vs Mustang Ridge, TX

Lake Worth, TX and Mustang Ridge, TX have a very similar cost of living, with only a 1.2% difference in their overall index. Lake Worth scores 94 while Mustang Ridge scores 93 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lake Worth is $1,342/month compared to $1,278/month in Mustang Ridge — a 5% difference. Interestingly, home values tell a different story: while Mustang Ridge has cheaper rent, Lake Worth actually has lower median home values ($210,700 vs $238,600).

Median household income in Lake Worth is $83,869 compared to $91,765 in Mustang Ridge (-8.6%). Mustang Ridge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Worth spend roughly 19.2% of their income on rent, more than the 16.7% in Mustang Ridge.

Climate-wise, both cities share similar average temperatures (67.8°F vs 68.4°F). Mustang Ridge receives more rainfall at 35.6" per year compared to 32.6" in Lake Worth.