Cost of living in Fort Hood 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 Fort Hood 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 Fort Hood is 103, with 100 being the average.
The cost of living index in Fort Hood is 1.0x higher than the national average.
Fort Hood ranks as the #265 cheapest in Texas out of 414.
Fort Hood ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Fort Hood is $0.
The median income in Fort Hood is $59,661.
According to the most recent data on the cost of living, Fort Hood has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Texas, Fort Hood has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Fort Hood ranks as #265 most affordable out of the 414 places we measured in Texas. By definition, that implies Fort Hood ranks as the #149 most expensive place in the Lone Star State.
For more reading on life in Fort Hood, check out:
Six factors go into calculating the cost of living index in Fort Hood. Here is how it fairs on each of the criteria:
The Services index in Fort Hood is 91.
The Groceries index in Fort Hood is 93.
The Health index in Fort Hood is 106.
The Housing index in Fort Hood is 128.
The Transportation index in Fort Hood is 88.
The Utilities index in Fort Hood is 111.
| Living Expense | Fort Hood | Texas | National Average | |
|---|---|---|---|---|
| Overall | 103 | 92 | 100 | |
| Services | 91 | 97 | 100 | |
| Groceries | 93 | 97 | 100 | |
| Health | 106 | 93 | 100 | |
| Housing | 128 | 82 | 100 | |
| Transportation | 88 | 94 | 100 | |
| Utilities | 111 | 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 Fort Hood is $0.
The Median Rent in Fort Hood is $1,368.
The Median Income in Fort Hood is $59,661.
The Home Value To Income in Fort Hood is 0.0x.
The Rent To Monthly Income in Fort Hood is 0.28x.
The cost of living varies in the cities and towns around Fort Hood. Here's a quick look at the cost of living in the most populous nearby places:
Killeen, TX has a cost of living index of 90, 0.9x Fort Hood.
Round Rock, TX has a cost of living index of 109, 1.1x Fort Hood.
Georgetown, TX has a cost of living index of 113, 1.1x Fort Hood.
| City | Population | Cost Of Living | Vs. Fort Hood |
|---|---|---|---|
| Killeen, TX | 156,144 | 90 | 0.9x |
| Round Rock, TX | 124,288 | 109 | 1.1x |
| Georgetown, TX | 78,803 | 113 | 1.1x |
| Cedar Park, TX | 77,474 | 115 | 1.1x |
| Leander, TX | 67,880 | 112 | 1.1x |
| Pflugerville, TX | 65,162 | 109 | 1.1x |
| Copperas Cove, TX | 37,149 | 85 | 0.8x |
| Harker Heights, TX | 33,595 | 95 | 0.9x |
| Hutto, TX | 32,188 | 106 | 1.0x |
| Belton, TX | 23,769 | 95 | 0.9x |