Granite Shoals, TX Cost Of Living
Cost Of Living In Granite Shoals, TX Summary
Cost of living in Granite Shoals 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 Granite Shoals 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 Granite Shoals is 91, with 100 being the average.
The cost of living index in Granite Shoals is 0.9x lower than the national average.
Granite Shoals ranks as the #141 cheapest in Texas out of 414.
Granite Shoals ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Granite Shoals is $356,008.
The median income in Granite Shoals is $69,602.
Table Of Contents
Granite Shoals's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Granite Shoals, TX?
According to the most recent data on the cost of living, Granite Shoals has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Texas, Granite Shoals has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Granite Shoals ranks as #141 most affordable out of the 414 places we measured in Texas. By definition, that implies Granite Shoals ranks as the #273 most expensive place in the Lone Star State.
For more reading on life in Granite Shoals, check out:
In Texas
In America
Granite Shoals Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Granite Shoals. Here is how it fairs on each of the criteria:
The Services index in Granite Shoals is 94.
The Groceries index in Granite Shoals is 91.
The Health index in Granite Shoals is 84.
The Housing index in Granite Shoals is 91.
The Transportation index in Granite Shoals is 85.
The Utilities index in Granite Shoals is 108.
| Living Expense | Granite Shoals | Texas | National Average | |
|---|---|---|---|---|
| Overall | 91 | 92 | 100 | |
| Services | 94 | 97 | 100 | |
| Groceries | 91 | 97 | 100 | |
| Health | 84 | 93 | 100 | |
| Housing | 91 | 82 | 100 | |
| Transportation | 85 | 94 | 100 | |
| Utilities | 108 | 104 | 100 | |
Granite Shoals, 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 Granite Shoals is $356,008.
The Median Rent in Granite Shoals is $1,399.
The Median Income in Granite Shoals is $69,602.
The Home Value To Income in Granite Shoals is 5.1x.
The Rent To Monthly Income in Granite Shoals is 0.24x.
| Statistic | Granite Shoals | Texas | United States |
|---|---|---|---|
| Median Home Value | $356,008 | $298,905 | $303,400 |
| Median Rent | $1,399 | $1,339 | $1,348 |
| Median Income | $69,602 | $76,292 | $78,538 |
| Home Value To Income | 5.1x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Granite Shoals, TX Costs By Category
Detailed Granite Shoals Services Costs Vs. Texas
| Item | Granite Shoals | 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 Granite Shoals Groceries Costs Vs. Texas
| Item | Granite Shoals | 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 Granite Shoals Health Costs Vs. Texas
| Item | Granite Shoals | Texas |
|---|---|---|
| Optometrist | $125.61 | $125.68 |
| Doctor | $108.32 | $135.78 |
| Dentist | $126.5 | $113.29 |
Detailed Granite Shoals Transportation Costs Vs. Texas
| Item | Granite Shoals | Texas |
|---|---|---|
| Gasoline | $3.04 | $3.46 |
| Tire Balancing | $62.39 | $59.92 |
Detailed Granite Shoals Utilities Costs Vs. Texas
| Item | Granite Shoals | Texas |
|---|---|---|
| All Electricity | $212.65 | $193.99 |
| Phone | $201.78 | $192.25 |
Granite Shoals SnackAbility
/10
Cost Of Living In Cities Around Granite Shoals
The cost of living varies in the cities and towns around Granite Shoals. 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, 1.3x Granite Shoals.
Round Rock, TX has a cost of living index of 109, 1.2x Granite Shoals.
Georgetown, TX has a cost of living index of 113, 1.2x Granite Shoals.
| City | Population | Cost Of Living | Vs. Granite Shoals |
|---|---|---|---|
| Austin, TX | 967,862 | 121 | 1.3x |
| Round Rock, TX | 124,288 | 109 | 1.2x |
| Georgetown, TX | 78,803 | 113 | 1.2x |
| Cedar Park, TX | 77,474 | 115 | 1.3x |
| Leander, TX | 67,880 | 112 | 1.2x |
| Pflugerville, TX | 65,162 | 109 | 1.2x |
| Hutto, TX | 32,188 | 106 | 1.2x |
| Brushy Creek, TX | 20,953 | 119 | 1.3x |
| Wells Branch, TX | 14,156 | 106 | 1.2x |
| Fredericksburg, TX | 11,254 | 113 | 1.2x |
