Cost of Living: Flower mound, TX vs Fairfield, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Flower mound Fairfield
Housing Index 120.0 85.0
Median Home Price $515,000 $134,000
Average Rent (2 BR Apartment) $2100 $1150
Average Rent (2 BR House) $2040 $1200

Housing Comparison: Flower mound vs Fairfield

  • In Flower mound, the median home price is higher at $515,000, while in Fairfield it is $134,000.
  • Renting a two-bedroom apartment costs more in Flower mound at $2,100 than in Fairfield at $1,150.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Flower mound Fairfield
Electricity Price $14.47 $15.03
Natural Gas Price $26.29 $21.76
Other Utilities $250 $200

Utilities Comparison: Flower mound vs Fairfield

  • Fairfield has higher electricity costs at $15.03 per kWh, versus $14.47 in Flower mound.
  • Natural gas is more expensive in Flower mound at $26.29 per unit, while it is cheaper at $21.76 in Fairfield.
  • Other utility costs are higher in Flower mound at an average of $250, compared to Fairfield with $200.