West Lake Hills, TX vs Woodway, TX

The cost of living difference between West Lake Hills, TX and Woodway, TX is dramatic. Woodway is 145.1% cheaper than West Lake Hills, a gap that translates to thousands of dollars per year in household expenses. West Lake Hills has a cost index of 276 while Woodway sits at 112, 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 West Lake Hills is $3,501/month compared to $1,748/month in Woodway — a 100% difference. Home values follow the same pattern: Woodway is more affordable at $336,100 median vs $1,647,400.

Median household income in West Lake Hills is $211,471 compared to $115,729 in Woodway (+82.7%). The higher salaries in West Lake Hills partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of West Lake Hills spend roughly 19.9% of their income on rent, more than the 18.1% in Woodway.