Morgan's Point Resort, TX vs Mustang Ridge, TX
Morgan's Point Resort, TX and Mustang Ridge, TX have a very similar cost of living, with only a 3.7% difference in their overall index. Morgan's Point Resort scores 96 while Mustang Ridge scores 93 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 Morgan's Point Resort is $1,566/month compared to $1,278/month in Mustang Ridge — a 23% difference. Interestingly, home values tell a different story: while Mustang Ridge has cheaper rent, Morgan's Point Resort actually has lower median home values ($199,800 vs $238,600).
Median household income in Morgan's Point Resort is $78,913 compared to $91,765 in Mustang Ridge (-14%). Mustang Ridge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Morgan's Point Resort spend roughly 23.8% of their income on rent, more than the 16.7% in Mustang Ridge.
Climate-wise, both cities share similar average temperatures (67.1°F vs 68.4°F). Morgan's Point Resort receives more rainfall at 36.4" per year compared to 35.6" in Mustang Ridge.
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