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Payne Springs, TX vs Ravenna, TX

84
Payne Springs
Texas
VS
+16.7%
72
Ravenna
Texas

There is a significant gap in the cost of living between these two cities. Ravenna is 16.7% cheaper than Payne Springs. With a cost index of 72 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ravenna to Payne Springs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Payne Springs is $1,125/month compared to $983/month in Ravenna — a 14% difference. Home values follow the same pattern: Ravenna is more affordable at $109,100 median vs $170,200.

Median household income in Payne Springs is $42,841 compared to $86,458 in Ravenna (-50.4%). Ravenna offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Payne Springs spend roughly 31.5% of their income on rent, more than the 13.6% in Ravenna. The Ravenna ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (67°F vs 65°F). Payne Springs receives more rainfall at 39.3" per year compared to 38.3" in Ravenna.

Income & Cost

Cost of Living Index
Payne Springs
84
Ravenna
72
14% cheaper
Median Household Income
Payne Springs
$42,841
Ravenna
$86,458
50% higher

Housing

Median Rent
Payne Springs
$1,125
Ravenna
$983
13% cheaper
Median Home Value
Payne Springs
$170,200
Ravenna
$109,100
36% cheaper
Population
Payne Springs
648
Ravenna
226

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Payne Springs $3.18
Ravenna
US $3.07
🥚
Eggs (grade A, large)
Payne Springs $2.59
Ravenna
US $2.50
🥛
Milk (whole)
Payne Springs $4.17
Ravenna
US $4.03
🍞
Bread (white)
Payne Springs $1.92
Ravenna
US $1.85
🍗
Chicken breast
Payne Springs $4.29
Ravenna
US $4.14
Electricity
Payne Springs $0.18
Ravenna
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Payne Springs 67°F
Ravenna 65°F
Summer High
Payne Springs 95°F
Ravenna 95°F
Winter Low
Payne Springs 38°F
Ravenna 34°F
Rainfall
Payne Springs 39.3"
Ravenna 38.3"
Rainy Days
Payne Springs 85d
Ravenna 90d