Cost of living in Fair Oaks Ranch research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fair Oaks Ranch is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fair Oaks Ranch is 123, with 100 being the average.
The cost of living index in Fair Oaks Ranch is 1.2x higher than the national average.
Fair Oaks Ranch ranks as the #387 cheapest in Texas out of 405.
Fair Oaks Ranch ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Fair Oaks Ranch is $503,000.
The median income in Fair Oaks Ranch is $127,917.
According to the most recent data on the cost of living, Fair Oaks Ranch has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Texas, Fair Oaks Ranch has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Fair Oaks Ranch ranks as #387 most affordable out of the 405 places we measured in Texas. By definition, that implies Fair Oaks Ranch ranks as the #18 most expensive place in the Lone Star State.
For more reading on life in Fair Oaks Ranch, check out:
Six factors go into calculating the cost of living index in Fair Oaks Ranch. Here is how it fairs on each of the criteria:
The Services index in Fair Oaks Ranch is 100.
The Groceries index in Fair Oaks Ranch is 87.
The Health index in Fair Oaks Ranch is 86.
The Housing index in Fair Oaks Ranch is 200.
The Transportation index in Fair Oaks Ranch is 91.
The Utilities index in Fair Oaks Ranch is 90.
Living Expense | Fair Oaks Ranch | Texas | National Average | |
---|---|---|---|---|
Overall | 123 | 92 | 100 | |
Services | 100 | 96 | 100 | |
Groceries | 87 | 93 | 100 | |
Health | 86 | 93 | 100 | |
Housing | 200 | 84 | 100 | |
Transportation | 91 | 92 | 100 | |
Utilities | 90 | 104 | 100 |
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Fair Oaks Ranch is $503,000.
The Median Rent in Fair Oaks Ranch is -.
The Median Income in Fair Oaks Ranch is $127,917.
The Home Value To Income in Fair Oaks Ranch is 3.9x.
The Rent To Monthly Income in Fair Oaks Ranch is nanx.
Statistic | Fair Oaks Ranch | Texas | United States |
---|---|---|---|
Median Home Value | $503,000 | $202,600 | $244,900 |
Median Rent | - | $1,146 | $1,163 |
Median Income | $127,917 | $67,321 | $69,021 |
Home Value To Income | 3.9x | 3.0x | 3.5x |
Rent To Monthly Income | nanx | 0.2x | 0.2x |
Item | Fair Oaks Ranch | Texas |
---|---|---|
Shampoo | $0.89 | $1.06 |
Movie | $8.83 | $10.68 |
Bowling | $16.64 | $14.67 |
Haircut | $22.97 | $18.62 |
Beauty Salon | $45.96 | $39.05 |
Item | Fair Oaks Ranch | Texas |
---|---|---|
Ground Beef | $4.0 | $4.22 |
Fried Chicken | $1.01 | $1.39 |
Milk | $1.63 | $2.05 |
Potatoes | $2.44 | $3.29 |
Pizza | $11.33 | $10.62 |
Beer | $9.43 | $9.38 |
Toothpaste | $2.16 | $2.34 |
Item | Fair Oaks Ranch | Texas |
---|---|---|
Optometrist | $97.83 | $108.57 |
Doctor | $86.07 | $116.17 |
Dentist | $87.61 | $99.13 |
Item | Fair Oaks Ranch | Texas |
---|---|---|
Gasoline | $1.9 | $2.22 |
Tire Balancing | $52.7 | $50.07 |
Item | Fair Oaks Ranch | Texas |
---|---|---|
All Electricity | $133.5 | $167.67 |
Phone | $184.32 | $175.64 |
The cost of living varies in the cities and towns around Fair Oaks Ranch. Here's a quick look at the cost of living in the most populous nearby places:
San Marcos, TX has a cost of living index of 93, 0.8x Fair Oaks Ranch.
Kyle, TX has a cost of living index of 99, 0.8x Fair Oaks Ranch.
Timberwood Park, TX has a cost of living index of 113, 0.9x Fair Oaks Ranch.
City | Population | Cost Of Living | Vs. Fair Oaks Ranch |
---|---|---|---|
San Marcos, TX | 64,812 | 93 | 0.8x |
Kyle, TX | 45,147 | 99 | 0.8x |
Timberwood Park, TX | 33,506 | 113 | 0.9x |
Cibolo, TX | 31,489 | 103 | 0.8x |
Converse, TX | 27,361 | 92 | 0.7x |
Kerrville, TX | 24,071 | 89 | 0.7x |
Boerne, TX | 17,290 | 102 | 0.8x |
Live Oak, TX | 15,554 | 90 | 0.7x |
Leon Valley, TX | 11,503 | 91 | 0.7x |
Fredericksburg, TX | 10,864 | 106 | 0.9x |