Munday, TX vs Silverton, TX
There is a significant gap in the cost of living between these two cities. Munday is 25.8% cheaper than Silverton. With a cost index of 58 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Munday to Silverton should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Munday are $56,000 compared to $58,300 in Silverton, a 4% gap.
Median household income in Munday is $58,311 compared to $41,346 in Silverton (+41%). Munday offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, Munday is notably warmer with an average of 65.9°F compared to 59.2°F in Silverton. Munday receives more rainfall at 25.2" per year compared to 22.7" in Silverton.
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Climate
NOAA 30-year normals (1991-2020)