Milam, TX vs Taylor Lake Village, TX

There is a significant gap in the cost of living between these two cities. Milam is 20% cheaper than Taylor Lake Village. With a cost index of 83 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milam to Taylor Lake Village should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Milam are $124,900 compared to $358,000 in Taylor Lake Village, a 65% gap.

Median household income in Milam is $46,200 compared to $161,191 in Taylor Lake Village (-71.3%). While Taylor Lake Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Taylor Lake Village is notably warmer with an average of 71.3°F compared to 66.5°F in Milam. Milam receives more rainfall at 57.3" per year compared to 53.3" in Taylor Lake Village.