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Bovina, TX vs Buchanan Lake Village, TX

69
Bovina
Texas
VS
-21.6%
88
Buchanan Lake Village
Texas

There is a significant gap in the cost of living between these two cities. Bovina is 21.6% cheaper than Buchanan Lake Village. With a cost index of 69 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bovina to Buchanan Lake Village should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Bovina are $111,900 compared to $179,900 in Buchanan Lake Village, a 38% gap.

Median household income in Bovina is $42,833 compared to $43,974 in Buchanan Lake Village (-2.6%). Buchanan Lake Village does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Bovina
69
22% cheaper
Buchanan Lake Village
88
Median Household Income
Bovina
$42,833
Buchanan Lake Village
$43,974
3% higher

Housing

Median Rent
Bovina
$876
Buchanan Lake Village
Median Home Value
Bovina
$111,900
38% cheaper
Buchanan Lake Village
$179,900
Population
Bovina
1,490
Buchanan Lake Village
502

Salary Equivalency Calculator

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