Selma, TX vs Southlake, TX

The cost of living difference between Selma, TX and Southlake, TX is dramatic. Selma is 49.6% cheaper than Southlake, a gap that translates to thousands of dollars per year in household expenses. Selma has a cost index of 111 while Southlake sits at 221, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Selma is $1,796/month compared to $3,501/month in Southlake — a 49% difference. Home values follow the same pattern: Selma is more affordable at $288,700 median vs $957,500.

Median household income in Selma is $97,153 compared to $250,001 in Southlake (-61.1%). While Southlake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Selma spend roughly 22.2% of their income on rent, more than the 16.8% in Southlake.

Climate-wise, Selma is notably warmer with an average of 69.6°F compared to 66.6°F in Southlake. Southlake receives more rainfall at 37" per year compared to 32.4" in Selma.