Fairchilds, TX vs Pelican Bay, TX

Fairchilds is moderately more affordable than Pelican Bay, with a 6.4% lower cost of living index. Fairchilds scores 81 compared to 87 for Pelican Bay, where the US average is 100. This difference means residents of Pelican Bay can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairchilds is $998/month compared to $1,299/month in Pelican Bay — a 23% difference. Interestingly, home values tell a different story: while Fairchilds has cheaper rent, Pelican Bay actually has lower median home values ($140,000 vs $195,800).

Median household income in Fairchilds is $66,042 compared to $57,105 in Pelican Bay (+15.7%). Fairchilds offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairchilds spend roughly 18.1% of their income on rent, less than the 27.3% in Pelican Bay.