Bevil Oaks, TX vs Farmersville, TX

There is a significant gap in the cost of living between these two cities. Farmersville is 23.4% cheaper than Bevil Oaks. With a cost index of 104 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmersville to Bevil Oaks should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bevil Oaks is $2,594/month compared to $1,503/month in Farmersville — a 73% difference. Interestingly, home values tell a different story: while Farmersville has cheaper rent, Bevil Oaks actually has lower median home values ($216,400 vs $273,600).

Median household income in Bevil Oaks is $77,073 compared to $47,016 in Farmersville (+63.9%). While Bevil Oaks is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bevil Oaks spend roughly 40.4% of their income on rent, more than the 38.4% in Farmersville. The Farmersville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.