Fairview, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
121
Fairview's Overall Cost Of Living
1.2x
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:

385 out of 405
In Texas
4,857 out of 6,412
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
For more reading on cost of living around Texas, check out:
Fairview Cost of Living Vs. TX

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
Search Homes For Sale In Fairview, TX
$412,800
Median Home Value
$1,670
Median Rent
$92,326
Median Income

Fairview, TX Costs By Category

Detailed Fairview Services Costs Vs. Texas

Item Fairview Texas
Shampoo $1.4 $1.06
Movie $11.58 $10.68
Bowling $21.11 $14.67
Haircut $17.97 $18.62
Beauty Salon $52.92 $39.05

Detailed Fairview Groceries Costs Vs. Texas

Item Fairview Texas
Ground Beef $4.07 $4.22
Fried Chicken $1.33 $1.39
Milk $1.98 $2.05
Potatoes $2.72 $3.29
Pizza $12.8 $10.62
Beer $9.91 $9.38
Toothpaste $2.33 $2.34

Detailed Fairview Health Costs Vs. Texas

Item Fairview Texas
Optometrist $125.0 $108.57
Doctor $68.0 $116.17
Dentist $75.75 $99.13

Detailed Fairview Transportation Costs Vs. Texas

Item Fairview Texas
Gasoline $2.12 $2.22
Tire Balancing $52.86 $50.07

Detailed Fairview Utilities Costs Vs. Texas

Item Fairview Texas
All Electricity $194.23 $167.67
Phone $185.48 $175.64

Fairview SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
6
Diversity
8
Safety
9
Amenities
8
Education
9.5
Commute
6

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

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