Cost of living in Andrews research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Andrews is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Andrews is 97, with 100 being the average.
The cost of living index in Andrews is 1.0x lower than the national average.
Andrews ranks as the #212 cheapest in Texas out of 414.
Andrews ranks as the #2,245 cheapest out of 6,489 in the US.
The median home value in Andrews is $251,735.
The median income in Andrews is $78,896.
According to the most recent data on the cost of living, Andrews has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Texas, Andrews has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Andrews ranks as #212 most affordable out of the 414 places we measured in Texas. By definition, that implies Andrews ranks as the #202 most expensive place in the Lone Star State.
For more reading on life in Andrews, check out:
Six factors go into calculating the cost of living index in Andrews. Here is how it fairs on each of the criteria:
The Services index in Andrews is 98.
The Groceries index in Andrews is 97.
The Health index in Andrews is 95.
The Housing index in Andrews is 96.
The Transportation index in Andrews is 96.
The Utilities index in Andrews is 100.
| Living Expense | Andrews | Texas | National Average | |
|---|---|---|---|---|
| Overall | 97 | 92 | 100 | |
| Services | 98 | 97 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 95 | 93 | 100 | |
| Housing | 96 | 82 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 100 | 104 | 100 | |
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Andrews is $251,735.
The Median Rent in Andrews is $1,371.
The Median Income in Andrews is $78,896.
The Home Value To Income in Andrews is 3.2x.
The Rent To Monthly Income in Andrews is 0.21x.
The cost of living varies in the cities and towns around Andrews. Here's a quick look at the cost of living in the most populous nearby places:
Midland, TX has a cost of living index of 112, 1.2x Andrews.
Odessa, TX has a cost of living index of 95, 1.0x Andrews.
Hobbs, NM has a cost of living index of 91, 0.9x Andrews.
| City | Population | Cost Of Living | Vs. Andrews |
|---|---|---|---|
| Midland, TX | 133,998 | 112 | 1.2x |
| Odessa, TX | 114,080 | 95 | 1.0x |
| Hobbs, NM | 39,887 | 91 | 0.9x |
| West Odessa, TX | 31,985 | 90 | 0.9x |
| Seminole, TX | 7,097 | 92 | 0.9x |
| North Hobbs, NM | 6,099 | 99 | 1.0x |