Midway, TX vs Tom Bean, TX

Midway is moderately more affordable than Tom Bean, with a 11.6% lower cost of living index. Midway scores 76 compared to 86 for Tom Bean, where the US average is 100. This difference means residents of Tom Bean can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Midway is $1,150/month compared to $1,161/month in Tom Bean — a 1% difference. Home values follow the same pattern: Midway is more affordable at $99,100 median vs $227,600.

Median household income in Midway is $57,500 compared to $79,432 in Tom Bean (-27.6%). While Tom Bean is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Midway spend roughly 24% of their income on rent, more than the 17.5% in Tom Bean.

Climate-wise, Midway is notably warmer with an average of 68.7°F compared to 65°F in Tom Bean. Midway receives more rainfall at 43.7" per year compared to 38.3" in Tom Bean.