Fannett, TX vs Gilmer, TX

There is a significant gap in the cost of living between these two cities. Gilmer is 22% cheaper than Fannett. With a cost index of 74 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gilmer to Fannett should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Fannett are $232,500 compared to $160,700 in Gilmer, a 45% gap.

Median household income in Fannett is $92,731 compared to $41,279 in Gilmer (+124.6%). While Fannett is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Fannett is notably warmer with an average of 69.9°F compared to 66.2°F in Gilmer. Fannett receives more rainfall at 62.1" per year compared to 45.3" in Gilmer.