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Richwood, TX vs Whitewright, TX

91
Richwood
Texas
VS
+25.8%
72
Whitewright
Texas

There is a significant gap in the cost of living between these two cities. Whitewright is 25.8% cheaper than Richwood. With a cost index of 72 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Whitewright to Richwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Richwood is $1,215/month compared to $750/month in Whitewright — a 62% difference. Home values follow the same pattern: Whitewright is more affordable at $207,500 median vs $230,800.

Median household income in Richwood is $80,250 compared to $54,063 in Whitewright (+48.4%). While Richwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Richwood spend roughly 18.2% of their income on rent, more than the 16.6% in Whitewright.

Income & Cost

Cost of Living Index
Richwood
91
Whitewright
72
21% cheaper
Median Household Income
Richwood
$80,250
33% higher
Whitewright
$54,063

Housing

Median Rent
Richwood
$1,215
Whitewright
$750
38% cheaper
Median Home Value
Richwood
$230,800
Whitewright
$207,500
10% cheaper
Population
Richwood
4,766
Whitewright
1,610

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Richwood $3.12
Whitewright $2.85
US $3.07
🥚
Eggs (grade A, large)
Richwood $2.54
Whitewright $2.32
US $2.50
🥛
Milk (whole)
Richwood $4.09
Whitewright $3.74
US $4.03
🍞
Bread (white)
Richwood $1.88
Whitewright $1.72
US $1.85
🍗
Chicken breast
Richwood $4.21
Whitewright $3.85
US $4.14
Electricity
Richwood $0.18
Whitewright $0.17
US $0.19