Cost of living in Briar 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 Briar 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 Briar is 90, with 100 being the average.
The cost of living index in Briar is 0.9x lower than the national average.
Briar ranks as the #209 cheapest in Texas out of 405.
Briar ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Briar is $229,700.
The median income in Briar is $73,000.
According to the most recent data on the cost of living, Briar has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Texas, Briar has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Briar ranks as #209 most affordable out of the 405 places we measured in Texas. By definition, that implies Briar ranks as the #196 most expensive place in the Lone Star State.
For more reading on life in Briar, check out:
Six factors go into calculating the cost of living index in Briar. Here is how it fairs on each of the criteria:
The Services index in Briar is 102.
The Groceries index in Briar is 99.
The Health index in Briar is 99.
The Housing index in Briar is 65.
The Transportation index in Briar is 87.
The Utilities index in Briar is 107.
|Living Expense||Briar||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 Briar is $229,700.
The Median Rent in Briar is $791.
The Median Income in Briar is $73,000.
The Home Value To Income in Briar is 3.1x.
The Rent To Monthly Income in Briar is 0.13x.
|Median Home Value||$229,700||$202,600||$244,900|
|Home Value To Income||3.1x||3.0x||3.5x|
|Rent To Monthly Income||0.13x||0.2x||0.2x|
The cost of living varies in the cities and towns around Briar. Here's a quick look at the cost of living in the most populous nearby places:
Fort Worth, TX has a cost of living index of 95, 1.1x Briar.
Keller, TX has a cost of living index of 117, 1.3x Briar.
Weatherford, TX has a cost of living index of 96, 1.1x Briar.