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Mission, TX vs Southlake, TX

72
Mission
Texas
VS
-67.6%
221
Southlake
Texas

The cost of living difference between Mission, TX and Southlake, TX is dramatic. Mission is 67.6% cheaper than Southlake, a gap that translates to thousands of dollars per year in household expenses. Mission has a cost index of 72 while Southlake sits at 221, 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 Mission is $931/month compared to $3,501/month in Southlake — a 73% difference. Home values follow the same pattern: Mission is more affordable at $160,800 median vs $957,500.

Median household income in Mission is $60,813 compared to $250,001 in Southlake (-75.7%). While Southlake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mission spend roughly 18.4% of their income on rent, more than the 16.8% in Southlake.

Climate-wise, Mission is notably warmer with an average of 77.4°F compared to 66.6°F in Southlake. Southlake receives more rainfall at 37" per year compared to 22.2" in Mission.

Income & Cost

Cost of Living Index
Mission
72
68% cheaper
Southlake
221
Median Household Income
Mission
$60,813
Southlake
$250,001
76% higher

Housing

Median Rent
Mission
$931
73% cheaper
Southlake
$3,501
Median Home Value
Mission
$160,800
83% cheaper
Southlake
$957,500
Population
Mission
86,234
Southlake
31,044

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mission $2.85
Southlake $3.18
US $3.07
🥚
Eggs (grade A, large)
Mission $2.32
Southlake $2.59
US $2.50
🥛
Milk (whole)
Mission $3.74
Southlake $4.17
US $4.03
🍞
Bread (white)
Mission $1.72
Southlake $1.92
US $1.85
🍗
Chicken breast
Mission $3.85
Southlake $4.29
US $4.14
Electricity
Mission $0.17
Southlake $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Mission 77.4°F
Southlake 66.6°F
Summer High
Mission 99°F
Southlake 96°F
Winter Low
Mission 53°F
Southlake 36°F
Rainfall
Mission 22.2"
Southlake 37"
Rainy Days
Mission 62d
Southlake 79d