Horseshoe Bay, TX vs New Fairview, TX

New Fairview is moderately more affordable than Horseshoe Bay, with a 11.9% lower cost of living index. Horseshoe Bay scores 121 compared to 108 for New Fairview, where the US average is 100. This difference means residents of Horseshoe Bay can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Horseshoe Bay is $1,575/month compared to $1,733/month in New Fairview — a 9% difference. Interestingly, home values tell a different story: while Horseshoe Bay has cheaper rent, New Fairview actually has lower median home values ($240,600 vs $489,100).

Median household income in Horseshoe Bay is $105,024 compared to $89,531 in New Fairview (+17.3%). While Horseshoe Bay is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Horseshoe Bay spend roughly 18% of their income on rent, less than the 23.2% in New Fairview.

Climate-wise, both cities share similar average temperatures (67.5°F vs 66.9°F). New Fairview receives more rainfall at 36.6" per year compared to 28.4" in Horseshoe Bay.