Timpson, TX vs Ransom Canyon, TX: Cost of Living

Which city costs less?

Ransom Canyon, TX has a modeled overall cost index 5.7% higher than Timpson, TX.

Timpson, TX · modeled 2BR rent
$1,000 / month
Ransom Canyon, TX · modeled 2BR rent
$1,195 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Timpson, TX and Ransom Canyon, TX using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $319/month in Ransom Canyon, TX

$150,000 in your current city has a modeled equivalent of $153,827 in Ransom Canyon, TX

Regional cost estimates: Timpson, TX uses Garland, TX. Ransom Canyon, TX uses Lubbock, TX. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 5.7%
More expensive
Monthly Impact
$319
Extra cost
Annual Impact
$3.8K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Timpson, TX

Population:1K
Cost Index:
71.8
100 = national average
Typical Home:$253K

Ransom Canyon, TX

Population:1K
Cost Index:
75.9
100 = national average
Typical Home:$248K

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Timpson, TX

The Lone Star State

1K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 1K residents.

💡 Advantage: Texas has no state income tax!

Ransom Canyon, TX

The Lone Star State

1K
Population
State Tax
No Income Tax

Located in Texas, this city has a population of 1K residents.

💡 Advantage: Texas has no state income tax!

Cost Breakdown by Category

Estimated monthly spending: Timpson, TX vs Ransom Canyon, TX

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Transportation
↑ 14.2%
Timpson, TX
$1,291
Ransom Canyon, TX
$1,474
Difference
$183
more
Other
↑ 10.8%
Timpson, TX
$1,649
Ransom Canyon, TX
$1,826
Difference
$178
more
Healthcare
↓ 9.0%
Timpson, TX
$731
Ransom Canyon, TX
$665
Difference
$65.87
less
All Utilities
↓ 5.7%
Timpson, TX
$651
Ransom Canyon, TX
$614
Difference
$36.82
less
Housing
↑ 1.6%
Timpson, TX
$2,047
Ransom Canyon, TX
$2,080
Difference
$32.63
more
Groceries
↑ 2.5%
Timpson, TX
$1,132
Ransom Canyon, TX
$1,160
Difference
$28.26
more

🏠Rent Comparison

Studio
From$750
To$830
↑ $80.00
1 Bed
From$880
To$1,005
↑ $125
2 Bed
From$1,000
To$1,195
↑ $195
3 Bed
From$1,340
To$1,660
↑ $320
Timpson, TXZIP-level data

1BR range: $880–$880/mo

Ransom Canyon, TXZIP-level data

1BR range: $910–$1,100/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Timpson, TX
$7,819
Monthly in Ransom Canyon, TX
$319
Difference

Home Values

Timpson
Ransom Canyon
$253K
Median Value
$248K
↓ -3.2%
YoY Change
↑ +0.5%
↑ +5.8%
5-Year Change
↑ +19.9%
$253K
Price Range
$135K - $361K

Homes in Ransom Canyon are 2% less expensive than Timpson

Calculate payment - TimpsonCalculate payment - Ransom Canyon

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
→ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Timpson, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Ransom Canyon, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Timpson, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

Ransom Canyon, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Timpson
Ransom Canyon
55 Moderate
Air Quality
23 Good
35.2%
Good Air Days
92.2%
100 Very High
Climate Risk
96 High
🌊🌡🌪
Top Hazards
☀🌪💨
▲+2.7°F
2050 Outlook
▲+3.2°F
84 days
Heat Days >95°F
78 days
▲+2.7°F
2050 Outlook
▲+3.2°F
84 days
Heat Days >95°F
78 days

Before moving from Timpson, TX to Ransom Canyon, TX

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Ransom Canyon, TX for the same bedroom count and included utilities as your home in Timpson, TX. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Timpson to Ransom Canyon moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Ransom Canyon, TX by cost, housing, population and region.

Frequently Asked Questions: Timpson, TX vs Ransom Canyon, TX

How do the cost estimates for Timpson, TX and Ransom Canyon, TX compare?

Ransom Canyon, TX has a modeled overall cost index 5.7% higher than Timpson, TX. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Timpson, TX, the model estimates $153,827 in Ransom Canyon, TX. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Timpson, TX and Ransom Canyon, TX?

The modeled two-bedroom rents are $1,000/month in Timpson, TX and $1,195/month in Ransom Canyon, TX. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

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