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Buffalo Gap, TX vs New Fairview, TX

78
Buffalo Gap
Texas
VS
-27.7%
108
New Fairview
Texas

There is a significant gap in the cost of living between these two cities. Buffalo Gap is 27.7% cheaper than New Fairview. With a cost index of 78 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Buffalo Gap to New Fairview should plan for substantially higher expenses across most categories.

On the housing front, median rent in Buffalo Gap is $1,055/month compared to $1,733/month in New Fairview — a 39% difference. Home values follow the same pattern: Buffalo Gap is more affordable at $178,100 median vs $240,600.

Median household income in Buffalo Gap is $63,750 compared to $89,531 in New Fairview (-28.8%). While New Fairview is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buffalo Gap spend roughly 19.9% of their income on rent, less than the 23.2% in New Fairview.

Income & Cost

Cost of Living Index
Buffalo Gap
78
28% cheaper
New Fairview
108
Median Household Income
Buffalo Gap
$63,750
New Fairview
$89,531
29% higher

Housing

Median Rent
Buffalo Gap
$1,055
39% cheaper
New Fairview
$1,733
Median Home Value
Buffalo Gap
$178,100
26% cheaper
New Fairview
$240,600
Population
Buffalo Gap
508
New Fairview
1,521

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Buffalo Gap $2.85
New Fairview $3.18
US $3.07
🥚
Eggs (grade A, large)
Buffalo Gap $2.32
New Fairview $2.59
US $2.50
🥛
Milk (whole)
Buffalo Gap $3.74
New Fairview $4.17
US $4.03
🍞
Bread (white)
Buffalo Gap $1.72
New Fairview $1.92
US $1.85
🍗
Chicken breast
Buffalo Gap $3.85
New Fairview $4.29
US $4.14
Electricity
Buffalo Gap $0.17
New Fairview $0.18
US $0.19