Cost of Living: DeSoto, TX vs The Hammocks, FL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in DeSoto, TX versus $4,516/mo in The Hammocks, FL. In the model, rent is about 21.53% of gross in DeSoto, TX versus 29.74% in The Hammocks, FL, so DeSoto, TX tends to feel more affordable for rent.

Take-home in DeSoto, TX
$4,516/mo
Income level: below
Take-home in The Hammocks, FL
$4,516/mo
Income level: below
Rent share (1BR) in DeSoto, TX
21.53%
COLI tier: mid-range
Rent share (1BR) in The Hammocks, FL
29.74%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between DeSoto, TX and The Hammocks, FL.

At a glance

  • Cheaper overall (lower cost-of-living index): The Hammocks, FL
  • Lower rent (median 1BR/2BR): DeSoto, TX
  • Lower home prices: DeSoto, TX
  • Higher median household income: DeSoto, TX

Cost of Living Index

DeSoto, TX: 100 (U.S. = 100) · The Hammocks, FL: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

DeSoto, TX: $1,404/mo (midpoint of 1BR/2BR) · The Hammocks, FL: $1,939/mo

Median rent in The Hammocks, FL is $535/mo higher than in DeSoto, TX.

Median Home Price

DeSoto, TX: $282,600 · The Hammocks, FL: $437,700

Median home price in The Hammocks, FL is $155,100 higher than in DeSoto, TX.

Median Household Income

DeSoto, TX: $83,256 · The Hammocks, FL: $83,253

DeSoto, TX has a higher median household income than The Hammocks, FL by $3.

DeSoto, TX overview · The Hammocks, FL overview · Popular comparisons