Round Rock, TX vs The Colony, TX

Round Rock, TX and The Colony, TX have a very similar cost of living, with only a 3.5% difference in their overall index. Round Rock scores 118 while The Colony scores 122 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Round Rock is $1,713/month compared to $1,884/month in The Colony — a 9% difference. Interestingly, home values tell a different story: while Round Rock has cheaper rent, The Colony actually has lower median home values ($355,100 vs $383,700).

Median household income in Round Rock is $97,187 compared to $111,090 in The Colony (-12.5%). While The Colony is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Round Rock spend roughly 21.2% of their income on rent, more than the 20.4% in The Colony.

Climate-wise, Round Rock is notably warmer with an average of 70°F compared to 66.6°F in The Colony. The Colony receives more rainfall at 37" per year compared to 36.3" in Round Rock.