Tom Bean, TX vs West Tawakoni, TX

West Tawakoni is moderately more affordable than Tom Bean, with a 6.8% lower cost of living index. Tom Bean scores 86 compared to 81 for West Tawakoni, where the US average is 100. This difference means residents of Tom Bean can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Tom Bean is $1,161/month compared to $1,304/month in West Tawakoni — a 11% difference. Interestingly, home values tell a different story: while Tom Bean has cheaper rent, West Tawakoni actually has lower median home values ($64,800 vs $227,600).

Median household income in Tom Bean is $79,432 compared to $55,938 in West Tawakoni (+42%). While Tom Bean is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Tom Bean spend roughly 17.5% of their income on rent, less than the 28% in West Tawakoni.