Magnolia, TX vs Ransom Canyon, TX

Magnolia, TX and Ransom Canyon, TX have a very similar cost of living, with only a 3.7% difference in their overall index. Magnolia scores 94 while Ransom Canyon scores 97 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.

When it comes to buying, median home values in Magnolia are $285,200 compared to $311,600 in Ransom Canyon, a 9% gap.

Median household income in Magnolia is $70,516 compared to $111,458 in Ransom Canyon (-36.7%). While Ransom Canyon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Magnolia is notably warmer with an average of 69.8°F compared to 61.4°F in Ransom Canyon. Magnolia receives more rainfall at 50.8" per year compared to 18.3" in Ransom Canyon.