Cost of living in Bellmead 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 Bellmead 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 Bellmead is 86, with 100 being the average.
The cost of living index in Bellmead is 0.9x lower than the national average.
Bellmead ranks as the #78 cheapest in Texas out of 414.
Bellmead ranks as the #639 cheapest out of 6,489 in the US.
The median home value in Bellmead is $145,617.
The median income in Bellmead is $54,048.
According to the most recent data on the cost of living, Bellmead has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Texas, Bellmead has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Bellmead ranks as #78 most affordable out of the 414 places we measured in Texas. By definition, that implies Bellmead ranks as the #336 most expensive place in the Lone Star State.
For more reading on life in Bellmead, check out:
Six factors go into calculating the cost of living index in Bellmead. Here is how it fairs on each of the criteria:
The Services index in Bellmead is 102.
The Groceries index in Bellmead is 94.
The Health index in Bellmead is 92.
The Housing index in Bellmead is 55.
The Transportation index in Bellmead is 89.
The Utilities index in Bellmead is 108.
| Living Expense | Bellmead | Texas | National Average | |
|---|---|---|---|---|
| Overall | 86 | 92 | 100 | |
| Services | 102 | 97 | 100 | |
| Groceries | 94 | 97 | 100 | |
| Health | 92 | 93 | 100 | |
| Housing | 55 | 82 | 100 | |
| Transportation | 89 | 94 | 100 | |
| Utilities | 108 | 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 Bellmead is $145,617.
The Median Rent in Bellmead is $1,054.
The Median Income in Bellmead is $54,048.
The Home Value To Income in Bellmead is 2.7x.
The Rent To Monthly Income in Bellmead is 0.23x.
The cost of living varies in the cities and towns around Bellmead. Here's a quick look at the cost of living in the most populous nearby places:
Waco, TX has a cost of living index of 93, 1.1x Bellmead.
Temple, TX has a cost of living index of 90, 1.0x Bellmead.
Harker Heights, TX has a cost of living index of 95, 1.1x Bellmead.
| City | Population | Cost Of Living | Vs. Bellmead |
|---|---|---|---|
| Waco, TX | 141,925 | 93 | 1.1x |
| Temple, TX | 86,358 | 90 | 1.0x |
| Harker Heights, TX | 33,595 | 95 | 1.1x |
| Corsicana, TX | 25,344 | 92 | 1.1x |
| Belton, TX | 23,769 | 95 | 1.1x |
| Hewitt, TX | 16,244 | 102 | 1.2x |
| Gatesville, TX | 16,058 | 86 | 1.0x |
| Robinson, TX | 12,668 | 100 | 1.2x |
| Woodway, TX | 9,483 | 108 | 1.3x |
| Lacy-Lakeview, TX | 7,247 | 90 | 1.0x |