Fabens, TX vs Lockney, TX
Fabens is moderately more affordable than Lockney, with a 6.7% lower cost of living index. Fabens scores 59 compared to 63 for Lockney, where the US average is 100. This difference means residents of Lockney can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Fabens is $645/month compared to $738/month in Lockney — a 13% difference. Interestingly, home values tell a different story: while Fabens has cheaper rent, Lockney actually has lower median home values ($88,400 vs $88,900).
Median household income in Fabens is $42,524 compared to $58,333 in Lockney (-27.1%). While Lockney is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fabens spend roughly 18.2% of their income on rent, more than the 15.2% in Lockney.
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