Red Oak, TX vs The Colony, TX

Red Oak is moderately more affordable than The Colony, with a 11.3% lower cost of living index. Red Oak scores 108 compared to 122 for The Colony, where the US average is 100. This difference means residents of The Colony can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Red Oak is $1,527/month compared to $1,884/month in The Colony — a 19% difference. Home values follow the same pattern: Red Oak is more affordable at $318,200 median vs $355,100.

Median household income in Red Oak is $104,125 compared to $111,090 in The Colony (-6.3%). The higher salaries in The Colony partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Red Oak spend roughly 17.6% of their income on rent, less than the 20.4% in The Colony.

Climate-wise, both cities share similar average temperatures (66.9°F vs 66.6°F). Red Oak receives more rainfall at 37.7" per year compared to 37" in The Colony.