Fairview, TX Cost Of Living
Cost Of Living In Fairview, TX Summary
Cost of living in Fairview 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 Fairview 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 Fairview is 121, with 100 being the average.
The cost of living index in Fairview is 1.2x higher than the national average.
Fairview ranks as the #385 cheapest in Texas out of 405.
Fairview ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Fairview is $412,800.
The median income in Fairview is $92,326.
Table Of Contents
Fairview's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fairview, TX?
According to the most recent data on the cost of living, Fairview has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Texas, Fairview has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Fairview ranks as #385 most affordable out of the 405 places we measured in Texas. By definition, that implies Fairview ranks as the #20 most expensive place in the Lone Star State.
For more reading on life in Fairview, check out:
- Living In Fairview
- Fairview Crime Report
- Search Homes For Sale In Fairview, TX
In Texas
In America
Fairview Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Fairview. Here is how it fairs on each of the criteria:
The Services index in Fairview is 113.
The Groceries index in Fairview is 95.
The Health index in Fairview is 77.
The Housing index in Fairview is 161.
The Transportation index in Fairview is 100.
The Utilities index in Fairview is 111.
| Living Expense | Fairview | Texas | National Average | |
|---|---|---|---|---|
| Overall | 121 | 92 | 100 | |
| Services | 113 | 96 | 100 | |
| Groceries | 95 | 93 | 100 | |
| Health | 77 | 93 | 100 | |
| Housing | 161 | 84 | 100 | |
| Transportation | 100 | 92 | 100 | |
| Utilities | 111 | 104 | 100 | |
Fairview, TX Housing Cost Breakdown
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 Fairview is $412,800.
The Median Rent in Fairview is $1,670.
The Median Income in Fairview is $92,326.
The Home Value To Income in Fairview is 4.5x.
The Rent To Monthly Income in Fairview is 0.22x.
| Statistic | Fairview | Texas | United States |
|---|---|---|---|
| Median Home Value | $412,800 | $202,600 | $244,900 |
| Median Rent | $1,670 | $1,146 | $1,163 |
| Median Income | $92,326 | $67,321 | $69,021 |
| Home Value To Income | 4.5x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Fairview, TX Costs By Category
Detailed Fairview Services Costs Vs. Texas
Detailed Fairview Groceries Costs Vs. Texas
Detailed Fairview Health Costs Vs. Texas
Detailed Fairview Transportation Costs Vs. Texas
Detailed Fairview Utilities Costs Vs. Texas
Fairview SnackAbility
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Cost Of Living In Cities Around Fairview
The cost of living varies in the cities and towns around Fairview. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 114, 0.9x Fairview.
Frisco, TX has a cost of living index of 120, 1.0x Fairview.
McKinney, TX has a cost of living index of 112, 0.9x Fairview.
| City | Population | Cost Of Living | Vs. Fairview |
|---|---|---|---|
| Plano, TX | 282,181 | 114 | 0.9x |
| Frisco, TX | 193,140 | 120 | 1.0x |
| McKinney, TX | 189,394 | 112 | 0.9x |
| Carrollton, TX | 131,388 | 105 | 0.9x |
| Richardson, TX | 115,904 | 110 | 0.9x |
| Allen, TX | 102,778 | 110 | 0.9x |
| Wylie, TX | 55,426 | 104 | 0.9x |
| Little Elm, TX | 45,124 | 107 | 0.9x |
| The Colony, TX | 43,489 | 102 | 0.8x |
| Sachse, TX | 26,797 | 106 | 0.9x |
