Cost of living in Channelview 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 Channelview 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 Channelview is 88, with 100 being the average.
The cost of living index in Channelview is 0.9x lower than the national average.
Channelview ranks as the #180 cheapest in Texas out of 405.
Channelview ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Channelview is $150,400.
The median income in Channelview is $67,268.
According to the most recent data on the cost of living, Channelview has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Texas, Channelview has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Channelview ranks as #180 most affordable out of the 405 places we measured in Texas. By definition, that implies Channelview ranks as the #225 most expensive place in the Lone Star State.
For more reading on life in Channelview, check out:
Six factors go into calculating the cost of living index in Channelview. Here is how it fairs on each of the criteria:
The Services index in Channelview is 100.
The Groceries index in Channelview is 93.
The Health index in Channelview is 100.
The Housing index in Channelview is 66.
The Transportation index in Channelview is 94.
The Utilities index in Channelview is 113.
|Living Expense||Channelview||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 Channelview is $150,400.
The Median Rent in Channelview is $1,051.
The Median Income in Channelview is $67,268.
The Home Value To Income in Channelview is 2.2x.
The Rent To Monthly Income in Channelview is 0.19x.
|Median Home Value||$150,400||$202,600||$244,900|
|Home Value To Income||2.2x||3.0x||3.5x|
|Rent To Monthly Income||0.19x||0.2x||0.2x|
The cost of living varies in the cities and towns around Channelview. Here's a quick look at the cost of living in the most populous nearby places:
Atascocita, TX has a cost of living index of 102, 1.2x Channelview.
Baytown, TX has a cost of living index of 87, 1.0x Channelview.
La Porte, TX has a cost of living index of 95, 1.1x Channelview.
|City||Population||Cost Of Living||Vs. Channelview|
|La Porte, TX||35,566||95||1.1x|
|Deer Park, TX||34,240||97||1.1x|
|South Houston, TX||16,354||87||1.0x|
|West University Place, TX||14,975||195||2.2x|