Cost of living in Bastrop 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 Bastrop 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 Bastrop is 96, with 100 being the average.
The cost of living index in Bastrop is 1.0x lower than the national average.
Bastrop ranks as the #281 cheapest in Texas out of 405.
Bastrop ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Bastrop is $223,100.
The median income in Bastrop is $68,591.
According to the most recent data on the cost of living, Bastrop has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Texas, Bastrop has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Bastrop ranks as #281 most affordable out of the 405 places we measured in Texas. By definition, that implies Bastrop ranks as the #124 most expensive place in the Lone Star State.
For more reading on life in Bastrop, check out:
Six factors go into calculating the cost of living index in Bastrop. Here is how it fairs on each of the criteria:
The Services index in Bastrop is 104.
The Groceries index in Bastrop is 91.
The Health index in Bastrop is 107.
The Housing index in Bastrop is 84.
The Transportation index in Bastrop is 91.
The Utilities index in Bastrop is 96.
|Living Expense||Bastrop||Texas||National Average|
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 2017-2021. The key points are:
The Median Home Value in Bastrop is $223,100.
The Median Rent in Bastrop is $1,184.
The Median Income in Bastrop is $68,591.
The Home Value To Income in Bastrop is 3.3x.
The Rent To Monthly Income in Bastrop is 0.21x.
|Median Home Value||$223,100||$202,600||$244,900|
|Home Value To Income||3.3x||3.0x||3.5x|
|Rent To Monthly Income||0.21x||0.2x||0.2x|
The cost of living varies in the cities and towns around Bastrop. Here's a quick look at the cost of living in the most populous nearby places:
Austin, TX has a cost of living index of 107, 1.1x Bastrop.
Round Rock, TX has a cost of living index of 100, 1.0x Bastrop.
Cedar Park, TX has a cost of living index of 101, 1.1x Bastrop.
|City||Population||Cost Of Living||Vs. Bastrop|
|Round Rock, TX||117,735||100||1.0x|
|Cedar Park, TX||74,741||101||1.1x|
|Brushy Creek, TX||22,972||103||1.1x|