Farmers Branch, TX vs Lakeway, TX: Cost of Living

Which city costs less?

Lakeway, TX has a modeled overall cost index 0.7% lower than Farmers Branch, TX.

Farmers Branch, TX · modeled 2BR rent: $2,250 / month
Lakeway, TX · modeled 2BR rent: $2,300 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Farmers Branch, TX and Lakeway, TX using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Farmers Branch, TX

Numbers update automatically as you type

Estimated extra cost: $41.42/month in Lakeway, TX

$150,000 in your current city has a modeled equivalent of $150,497 in Lakeway, TX

Regional cost estimates: Farmers Branch, TX uses Irving, TX. Lakeway, TX uses Austin, TX. Available city ZIP rent estimates are shown separately.

Overall Cost

↓ 0.7%

Less expensive

Monthly Impact

$41.42

Extra cost

Annual Impact

$497

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Farmers Branch, TX

Population:37K

Cost Index:

94.8

100 = national average

Typical Home:$519K

Lakeway, TX

Population:19K

Cost Index:

94.2

100 = national average

Typical Home:$597K

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Farmers Branch, TX

The Lone Star State

37K

Population

State Tax

No Income Tax

Located in Texas, this city has a population of 37K residents.

💡 Advantage: Texas has no state income tax!

Lakeway, TX

The Lone Star State

19K

Population

State Tax

No Income Tax

Located in Texas, this city has a population of 19K residents.

💡 Advantage: Texas has no state income tax!

Cost Breakdown by Category

Estimated monthly spending: Farmers Branch, TX vs Lakeway, TX

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Farmers Branch, TX	Lakeway, TX	Difference	Change
Housing	$2,177/mo	$2,508/mo	↑ $331more	15.2%
Other	$1,762/mo	$1,682/mo	↓ $79.59less	4.5%
Transportation	$1,313/mo	$1,241/mo	↓ $72.52less	5.5%
Healthcare	$653/mo	$595/mo	↓ $58.75less	9.0%
Groceries	$1,012/mo	$969/mo	↓ $43.33less	4.3%
All Utilities	$582/mo	$547/mo	↓ $35.38less	6.1%

Housing

↑ 15.2%

Farmers Branch, TX

$2,177

Lakeway, TX

$2,508

Difference

$331

Other

↓ 4.5%

Farmers Branch, TX

$1,762

Lakeway, TX

$1,682

Difference

$79.59

less

Transportation

↓ 5.5%

Farmers Branch, TX

$1,313

Lakeway, TX

$1,241

Difference

$72.52

less

Healthcare

↓ 9.0%

Farmers Branch, TX

$653

Lakeway, TX

$595

Difference

$58.75

less

Groceries

↓ 4.3%

Farmers Branch, TX

$1,012

Lakeway, TX

$969

Difference

$43.33

less

All Utilities

↓ 6.1%

Farmers Branch, TX

$582

Lakeway, TX

$547

Difference

$35.38

less

🏠Rent Comparison

Studio

From$1,845

To$1,830

↓ $15.00

1 Bed

From$1,920

To$1,940

↑ $20.00

2 Bed

From$2,250

To$2,300

↑ $50.00

3 Bed

From$2,835

To$2,910

↑ $75.00

Farmers Branch, TXZIP-level data

1BR range: $1,830–$2,010/mo

Lakeway, TXZIP-level data

1BR range: $1,940–$1,940/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Farmers Branch, TX

$7,541

Monthly in Lakeway, TX

$41.42

Difference

Home Values

Farmers Branch

Lakeway

$519K

Median Value

$597K

↑ +0.8%

YoY Change

↓ -6%

↑ +37.5%

5-Year Change

↑ +13.7%

$350K - $688K

Price Range

$597K

Homes in Lakeway are 15% more expensive than Farmers Branch

Calculate payment - Farmers Branch Calculate payment - Lakeway

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Farmers Branch, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Lakeway, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Farmers Branch, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

Lakeway, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Farmers Branch

Lakeway

55 Moderate

Air Quality

52 Moderate

35.2%

Good Air Days

42.6%

100 Very High

Climate Risk

98 High

🌊🌡🌪

Top Hazards

🌊🌡🌪

▲+2.8°F

2050 Outlook

▲+2.5°F

92 days

Heat Days >95°F

98 days

▲+2.8°F

2050 Outlook

▲+2.5°F

92 days

Heat Days >95°F

98 days

Before moving from Farmers Branch, TX to Lakeway, TX

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Lakeway, TX for the same bedroom count and included utilities as your home in Farmers Branch, TX. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Farmers Branch to Lakeway moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Lakeway, TX by cost, housing, population and region.

Frequently Asked Questions: Farmers Branch, TX vs Lakeway, TX

How do the cost estimates for Farmers Branch, TX and Lakeway, TX compare?

Lakeway, TX has a modeled overall cost index 0.7% lower than Farmers Branch, TX. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Farmers Branch, TX, the model estimates $150,497 in Lakeway, TX. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Farmers Branch, TX and Lakeway, TX?

The modeled two-bedroom rents are $2,250/month in Farmers Branch, TX and $2,300/month in Lakeway, TX. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.