Burnet, TX vs Olmos Park, TX

The cost of living difference between Burnet, TX and Olmos Park, TX is dramatic. Burnet is 40.9% cheaper than Olmos Park, a gap that translates to thousands of dollars per year in household expenses. Burnet has a cost index of 84 while Olmos Park sits at 142, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Burnet is $1,012/month compared to $1,202/month in Olmos Park — a 16% difference. Home values follow the same pattern: Burnet is more affordable at $245,900 median vs $887,000.

Median household income in Burnet is $88,000 compared to $172,434 in Olmos Park (-49%). While Olmos Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burnet spend roughly 13.8% of their income on rent, more than the 8.4% in Olmos Park.