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New Boston, TX vs Palmer, TX

61
New Boston
Texas
VS
-18.3%
74
Palmer
Texas

There is a significant gap in the cost of living between these two cities. New Boston is 18.3% cheaper than Palmer. With a cost index of 61 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Boston to Palmer should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in New Boston are $99,000 compared to $52,500 in Palmer, a 89% gap.

Median household income in New Boston is $57,344 compared to $27,418 in Palmer (+109.1%). New Boston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Palmer is notably warmer with an average of 75°F compared to 64°F in New Boston. New Boston receives more rainfall at 48.9" per year compared to 24" in Palmer.

Income & Cost

Cost of Living Index
New Boston
61
18% cheaper
Palmer
74
Median Household Income
New Boston
$57,344
52% higher
Palmer
$27,418

Housing

Median Rent
New Boston
$746
Palmer
Median Home Value
New Boston
$99,000
Palmer
$52,500
47% cheaper
Population
New Boston
4,593
Palmer
1,606

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Boston $2.85
Palmer $2.85
US $3.07
🥚
Eggs (grade A, large)
New Boston $2.33
Palmer $2.32
US $2.50
🥛
Milk (whole)
New Boston $3.74
Palmer $3.74
US $4.03
🍞
Bread (white)
New Boston $1.72
Palmer $1.72
US $1.85
🍗
Chicken breast
New Boston $3.85
Palmer $3.85
US $4.14
Electricity
New Boston $0.16
Palmer $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Boston 64°F
Palmer 75°F
Summer High
New Boston 93°F
Palmer 96°F
Winter Low
New Boston 35°F
Palmer 50°F
Rainfall
New Boston 48.9"
Palmer 24"
Rainy Days
New Boston 100d
Palmer 84d