Burnet, TX vs Pelican Bay, TX

Burnet, TX and Pelican Bay, TX have a very similar cost of living, with only a 3.1% difference in their overall index. Burnet scores 84 while Pelican Bay scores 87 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Burnet is $1,012/month compared to $1,299/month in Pelican Bay — a 22% difference. Interestingly, home values tell a different story: while Burnet has cheaper rent, Pelican Bay actually has lower median home values ($140,000 vs $245,900).

Median household income in Burnet is $88,000 compared to $57,105 in Pelican Bay (+54.1%). Burnet offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Burnet spend roughly 13.8% of their income on rent, less than the 27.3% in Pelican Bay.