Ovilla, TX vs Richmond, TX
There is a significant gap in the cost of living between these two cities. Richmond is 18.3% cheaper than Ovilla. With a cost index of 92 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Richmond to Ovilla should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Ovilla are $396,000 compared to $229,800 in Richmond, a 72% gap.
Median household income in Ovilla is $125,777 compared to $68,564 in Richmond (+83.4%). While Ovilla is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, Richmond is notably warmer with an average of 71.1°F compared to 66.9°F in Ovilla. Richmond receives more rainfall at 49.7" per year compared to 37.7" in Ovilla.
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NOAA 30-year normals (1991-2020)