Cedar Park, TX Cost Of Living
Cost Of Living In Cedar Park, TX Summary
Cost of living in Cedar Park 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 Cedar Park 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 Cedar Park is 115, with 100 being the average.
The cost of living index in Cedar Park is 1.1x higher than the national average.
Cedar Park ranks as the #339 cheapest in Texas out of 414.
Cedar Park ranks as the #4,090 cheapest out of 6,489 in the US.
The median home value in Cedar Park is $470,863.
The median income in Cedar Park is $123,972.
Table Of Contents
Cedar Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cedar Park, TX?
According to the most recent data on the cost of living, Cedar Park has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Texas, Cedar Park has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Cedar Park ranks as #339 most affordable out of the 414 places we measured in Texas. By definition, that implies Cedar Park ranks as the #75 most expensive place in the Lone Star State.
For more reading on life in Cedar Park, check out:
In Texas
In America
Cedar Park Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Cedar Park. Here is how it fairs on each of the criteria:
The Services index in Cedar Park is 96.
The Groceries index in Cedar Park is 89.
The Health index in Cedar Park is 85.
The Housing index in Cedar Park is 173.
The Transportation index in Cedar Park is 87.
The Utilities index in Cedar Park is 109.
| Living Expense | Cedar Park | Texas | National Average | |
|---|---|---|---|---|
| Overall | 115 | 92 | 100 | |
| Services | 96 | 97 | 100 | |
| Groceries | 89 | 97 | 100 | |
| Health | 85 | 93 | 100 | |
| Housing | 173 | 82 | 100 | |
| Transportation | 87 | 94 | 100 | |
| Utilities | 109 | 104 | 100 | |
Cedar Park, TX Housing Cost Breakdown
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 Cedar Park is $470,863.
The Median Rent in Cedar Park is $1,753.
The Median Income in Cedar Park is $123,972.
The Home Value To Income in Cedar Park is 3.8x.
The Rent To Monthly Income in Cedar Park is 0.17x.
| Statistic | Cedar Park | Texas | United States |
|---|---|---|---|
| Median Home Value | $470,863 | $298,905 | $303,400 |
| Median Rent | $1,753 | $1,339 | $1,348 |
| Median Income | $123,972 | $76,292 | $78,538 |
| Home Value To Income | 3.8x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Cedar Park, TX Costs By Category
Detailed Cedar Park Services Costs Vs. Texas
| Item | Cedar Park | Texas |
|---|---|---|
| Shampoo | $1.18 | $1.28 |
| Movie | $12.25 | $12.13 |
| Bowling | $16.72 | $18 |
| Haircut | $23.07 | $24.26 |
| Beauty Salon | $40.8 | $45.56 |
Detailed Cedar Park Groceries Costs Vs. Texas
| Item | Cedar Park | Texas |
|---|---|---|
| Ground Beef | $5.08 | $5.84 |
| Fried Chicken | $1.5 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $4.82 | $4.93 |
| Pizza | $11.51 | $12.09 |
| Beer | $10.49 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Cedar Park Health Costs Vs. Texas
| Item | Cedar Park | Texas |
|---|---|---|
| Optometrist | $125.61 | $125.68 |
| Doctor | $108.32 | $135.78 |
| Dentist | $126.5 | $113.29 |
Detailed Cedar Park Transportation Costs Vs. Texas
| Item | Cedar Park | Texas |
|---|---|---|
| Gasoline | $3.04 | $3.46 |
| Tire Balancing | $62.39 | $59.92 |
Detailed Cedar Park Utilities Costs Vs. Texas
| Item | Cedar Park | Texas |
|---|---|---|
| All Electricity | $212.65 | $193.99 |
| Phone | $201.78 | $192.25 |
Cedar Park SnackAbility
/10
Cost Of Living In Cities Around Cedar Park
The cost of living varies in the cities and towns around Cedar Park. 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 121, 1.1x Cedar Park.
Round Rock, TX has a cost of living index of 109, 0.9x Cedar Park.
Georgetown, TX has a cost of living index of 113, 1.0x Cedar Park.
| City | Population | Cost Of Living | Vs. Cedar Park |
|---|---|---|---|
| Austin, TX | 967,862 | 121 | 1.1x |
| Round Rock, TX | 124,288 | 109 | 0.9x |
| Georgetown, TX | 78,803 | 113 | 1.0x |
| Leander, TX | 67,880 | 112 | 1.0x |
| Pflugerville, TX | 65,162 | 109 | 0.9x |
| Hutto, TX | 32,188 | 106 | 0.9x |
| Brushy Creek, TX | 20,953 | 119 | 1.0x |
| Lakeway, TX | 19,130 | 140 | 1.2x |
| Wells Branch, TX | 14,156 | 106 | 0.9x |
