New Waverly, TX vs Wills Point, TX

Wills Point is moderately more affordable than New Waverly, with a 12.6% lower cost of living index. New Waverly scores 82 compared to 73 for Wills Point, where the US average is 100. This difference means residents of New Waverly can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Waverly is $1,049/month compared to $898/month in Wills Point — a 17% difference. Home values follow the same pattern: Wills Point is more affordable at $120,100 median vs $188,000.

Median household income in New Waverly is $47,589 compared to $66,144 in Wills Point (-28.1%). Wills Point offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Waverly spend roughly 26.5% of their income on rent, more than the 16.3% in Wills Point.