Lampasas, TX vs Murphy, TX

The cost of living difference between Lampasas, TX and Murphy, TX is dramatic. Lampasas is 52.6% cheaper than Murphy, a gap that translates to thousands of dollars per year in household expenses. Lampasas has a cost index of 75 while Murphy sits at 158, 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 Lampasas is $867/month compared to $2,640/month in Murphy — a 67% difference. Home values follow the same pattern: Lampasas is more affordable at $197,000 median vs $508,500.

Median household income in Lampasas is $63,173 compared to $165,109 in Murphy (-61.7%). While Murphy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lampasas spend roughly 16.5% of their income on rent, less than the 19.2% in Murphy.

Climate-wise, both cities share similar average temperatures (67.5°F vs 65°F). Murphy receives more rainfall at 38.3" per year compared to 28.4" in Lampasas.