Laureles, TX vs Vernon, TX

Laureles, TX and Vernon, TX have a very similar cost of living, with only a 1.9% difference in their overall index. Laureles scores 66 while Vernon scores 67 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 Laureles is $794/month compared to $870/month in Vernon — a 9% difference. Interestingly, home values tell a different story: while Laureles has cheaper rent, Vernon actually has lower median home values ($89,700 vs $140,800).

Median household income in Laureles is $45,640 compared to $48,855 in Vernon (-6.6%). While Vernon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laureles spend roughly 20.9% of their income on rent, less than the 21.4% in Vernon.