Housing costs in Fayetteville?
A typical home costs
$513,000, which is 51.7% more expensive than the national average of
$338,100 and 72.4% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Fayetteville costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 25.5% cheaper than the state average of
$1,280.
Can I afford Fayetteville?
To live comfortably in Fayetteville, Texas, a minimum annual income of
$98,280 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Fayetteville?
Fayetteville, TX is a great place to live with an affordable cost of living. The overall cost of living in Fayetteville is lower than the national average and significantly lower than other nearby cities. Housing costs are one of the primary factors that make living in Fayetteville so affordable. The median home price in Fayetteville is roughly $160,000, which is significantly lower than the state median of $232,000. Additionally, rental costs are also very reasonable with the average rent for a two-bedroom apartment being around $800 per month. Other necessities such as groceries, transportation and healthcare costs also remain relatively low compared to other parts of Texas and the United States.