Cost of living in Freeport 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 Freeport 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 Freeport is 83, with 100 being the average.
The cost of living index in Freeport is 0.8x lower than the national average.
Freeport ranks as the #96 cheapest in Texas out of 405.
Freeport ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Freeport is $90,800.
The median income in Freeport is $46,071.
According to the most recent data on the cost of living, Freeport has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Texas, Freeport has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Freeport ranks as #96 most affordable out of the 405 places we measured in Texas. By definition, that implies Freeport ranks as the #309 most expensive place in the Lone Star State.
For more reading on life in Freeport, check out:
Six factors go into calculating the cost of living index in Freeport. Here is how it fairs on each of the criteria:
The Services index in Freeport is 100.
The Groceries index in Freeport is 92.
The Health index in Freeport is 100.
The Housing index in Freeport is 51.
The Transportation index in Freeport is 95.
The Utilities index in Freeport is 112.
|Living Expense||Freeport||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 Freeport is $90,800.
The Median Rent in Freeport is $958.
The Median Income in Freeport is $46,071.
The Home Value To Income in Freeport is 2.0x.
The Rent To Monthly Income in Freeport is 0.25x.
|Median Home Value||$90,800||$202,600||$244,900|
|Home Value To Income||2.0x||3.0x||3.5x|
|Rent To Monthly Income||0.25x||0.2x||0.2x|
The cost of living varies in the cities and towns around Freeport. Here's a quick look at the cost of living in the most populous nearby places:
Pearland, TX has a cost of living index of 102, 1.2x Freeport.
Sugar Land, TX has a cost of living index of 117, 1.4x Freeport.
Friendswood, TX has a cost of living index of 109, 1.3x Freeport.
|City||Population||Cost Of Living||Vs. Freeport|
|Sugar Land, TX||110,272||117||1.4x|
|Lake Jackson, TX||28,008||96||1.2x|