Oakwood, TX vs Ralls, TX
There is a significant gap in the cost of living between these two cities. Ralls is 16% cheaper than Oakwood. With a cost index of 61 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ralls to Oakwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Oakwood is $945/month compared to $774/month in Ralls — a 22% difference. Home values follow the same pattern: Ralls is more affordable at $63,300 median vs $102,000.
Median household income in Oakwood is $65,714 compared to $56,438 in Ralls (+16.4%). While Oakwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakwood spend roughly 17.3% of their income on rent, more than the 16.5% in Ralls.
Climate-wise, Oakwood is notably warmer with an average of 66.7°F compared to 61.4°F in Ralls. Oakwood receives more rainfall at 43.7" per year compared to 18.3" in Ralls.
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Climate
NOAA 30-year normals (1991-2020)