Fairview cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index12091100
Goods & Services index10297100
Groceries index10190100
Health care index10296100
Housing index14881100
Transportation index14795100
Utilities index10294100
An overview of the general cost of living index for Fairview, TX is displayed above for your reference. Residents in Fairview, TX enjoy a cost of living index of 120. This index is 33% higher than the Texas average, and 20% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Fairview, TX, the average cost of goods and services is 5% higher than it is in Texas, and it is 2% higher than the national average.

Did you know?

  • The cost of living in Fairview is 33% higher than the Texas average.
  • The cost of living in Fairview is 20% higher than the national average.
  • The cost of housing in Fairview is 48% higher than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

Find Real Estate Listings In Fairview


New Real Estate Listings In Fairview

Compare Fairview, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Fairview, TX would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Fairview, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Fairview, TX salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Fairview, TX, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Fairview, TX has a median income of about $86,944 for people who own homes. Based on that number, a person should spend a maximum of $2,029 on expenses related to housing. Renters have a slightly different median income, which is $40,672. Based on this average, renters should spend no more than $949 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Fairview, TX, it's important to take into account the sales tax for Texas, as well as the rate for income tax in Texas. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Texas is 8.25%, and the sales tax in the state of Texas is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Texas starts from 0% and goes up to 0%.

Goods & Services

ItemFairviewNational avg.Difference
Haircut $16.49$14.5913.0%
Beauty Salon $35.45$34.682.2%
Toothpaste $2.34$2.475.4%
Shampoo $0.91$1.0211.0%
Movie $10.50$9.876.4%
Bowling $5.23$4.3919.1%


ItemFairviewNational avg.Difference
Ground Beef $5.54$4.4823.8%
Fried Chicken $2.14$1.4646.2%
Milk $2.21$2.366.2%
Potatoes $2.84$3.067.2%
Pizza $9.99$9.248.1%
Beer $8.87$8.632.7%

Health Care

ItemFairviewNational avg.Difference
Optometrist $101.68$99.781.9%
Doctor $111.77$105.036.4%
Dentist $95.00$88.707.1%
Ibuprofen $8.98$9.414.6%
Lipitor $268.86$298.509.9%


ItemFairviewNational avg.Difference
Home Price $291,000.00$175,700.0065.6%
Avg. Mortgage Payment $886.79$1,081.0318.0%
Apartment Rent $983.00$920.006.8%


ItemFairviewNational avg.Difference
Gasoline $3.36$2.0960.5%
Tire Balancing $50.12$45.2910.7%


ItemFairviewNational avg.Difference
All Electricity$187.58$170.809.8%
Phone $25.95$28.268.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Blue Ridge, TX1,03394-6%
Farmersville, TX3,39397-3%
Princeton, TX7,52099-1%
Anna, TX9,10890-10%
New Hope, TX7591055%
Fairview, TX7,88212020%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Whitehouse, TX7,88295-5%
Wesley Chapel, NC7,88211919%
Helotes, TX7,8801099%
York, NE7,87886-14%
Bloomfield, NM7,87795-5%
Fairview, TX7,88212020%
Source: The Fairview, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.