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Munday, TX vs Palacios, TX

58
Munday
Texas
VS
-25.2%
77
Palacios
Texas

There is a significant gap in the cost of living between these two cities. Munday is 25.2% cheaper than Palacios. With a cost index of 58 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Munday to Palacios should plan for substantially higher expenses across most categories.

On the housing front, median rent in Munday is $663/month compared to $1,042/month in Palacios — a 36% difference. Home values follow the same pattern: Munday is more affordable at $56,000 median vs $153,000.

Median household income in Munday is $58,311 compared to $60,613 in Palacios (-3.8%). Palacios does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Munday spend roughly 13.6% of their income on rent, less than the 20.6% in Palacios.

Climate-wise, Palacios is notably warmer with an average of 71.8°F compared to 65.9°F in Munday. Palacios receives more rainfall at 43.1" per year compared to 25.2" in Munday.

Income & Cost

Cost of Living Index
Munday
58
25% cheaper
Palacios
77
Median Household Income
Munday
$58,311
Palacios
$60,613
4% higher

Housing

Median Rent
Munday
$663
36% cheaper
Palacios
$1,042
Median Home Value
Munday
$56,000
63% cheaper
Palacios
$153,000
Population
Munday
1,478
Palacios
4,394

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Munday 65.9°F
Palacios 71.8°F
Summer High
Munday 96°F
Palacios 92°F
Winter Low
Munday 34°F
Palacios 46°F
Rainfall
Munday 25.2"
Palacios 43.1"
Rainy Days
Munday 67d
Palacios 93d