Lakeway, Texas vs. Fairhope, Alabama

Cost of Living Comparison

The cost of living in Fairhope, Alabama is 32.9% cheaper than Lakeway, Texas.

You would need a salary of $201,234 in Fairhope, Alabama to maintain the standard of living you have in Lakeway, Texas.
Comparison highlights
• Overall, Fairhope, Alabama is cheaper than Lakeway, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
47% cheaper in Fairhope
than in Lakeway, Texas
Lakeway, TX vs. Fairhope, AL
Compared to Lakeway, Fairhope is:
  Homeowner
      No Child Care, Taxes not Considered
  32.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.0% higher
  Housing (Homeowner)
  38.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.3% lower
  Commute
  36.3% lower
  Health
  13.7% higher
  Taxes
  Childcare
  Personal
  1.3% lower