St. Jo, TX vs Wellman, TX
St. Jo, TX and Wellman, TX have a very similar cost of living, with only a 1.4% difference in their overall index. St. Jo scores 60 while Wellman scores 61 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 St. Jo is $483/month compared to $518/month in Wellman — a 7% difference. Interestingly, home values tell a different story: while St. Jo has cheaper rent, Wellman actually has lower median home values ($144,600 vs $146,900).
Median household income in St. Jo is $68,750 compared to $117,578 in Wellman (-41.5%). While Wellman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of St. Jo spend roughly 8.4% of their income on rent, more than the 5.3% in Wellman.
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