Hondo, TX Cost Of Living
Cost Of Living In Hondo, TX Summary
Cost of living in Hondo 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 Hondo 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 Hondo is 85, with 100 being the average.
The cost of living index in Hondo is 0.8x lower than the national average.
Hondo ranks as the #133 cheapest in Texas out of 405.
Hondo ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Hondo is $119,700.
The median income in Hondo is $53,603.
Table Of Contents
Hondo's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Hondo, TX?
According to the most recent data on the cost of living, Hondo has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Texas, Hondo has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Hondo ranks as #133 most affordable out of the 405 places we measured in Texas. By definition, that implies Hondo ranks as the #272 most expensive place in the Lone Star State.
For more reading on life in Hondo, check out:
- Living In Hondo
- Hondo Crime Report
- Search Homes For Sale In Hondo, TX
In Texas
In America
Hondo Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Hondo. Here is how it fairs on each of the criteria:
The Services index in Hondo is 98.
The Groceries index in Hondo is 87.
The Health index in Hondo is 87.
The Housing index in Hondo is 65.
The Transportation index in Hondo is 94.
The Utilities index in Hondo is 90.
| Living Expense | Hondo | Texas | National Average | |
|---|---|---|---|---|
| Overall | 85 | 92 | 100 | |
| Services | 98 | 96 | 100 | |
| Groceries | 87 | 93 | 100 | |
| Health | 87 | 93 | 100 | |
| Housing | 65 | 84 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 90 | 104 | 100 | |
Hondo, 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 2017-2021. The key points are:
The Median Home Value in Hondo is $119,700.
The Median Rent in Hondo is $1,107.
The Median Income in Hondo is $53,603.
The Home Value To Income in Hondo is 2.2x.
The Rent To Monthly Income in Hondo is 0.25x.
| Statistic | Hondo | Texas | United States |
|---|---|---|---|
| Median Home Value | $119,700 | $202,600 | $244,900 |
| Median Rent | $1,107 | $1,146 | $1,163 |
| Median Income | $53,603 | $67,321 | $69,021 |
| Home Value To Income | 2.2x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Hondo, TX Costs By Category
Detailed Hondo Services Costs Vs. Texas
Detailed Hondo Groceries Costs Vs. Texas
Detailed Hondo Health Costs Vs. Texas
Detailed Hondo Transportation Costs Vs. Texas
Detailed Hondo Utilities Costs Vs. Texas
Hondo SnackAbility
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Cost Of Living In Cities Around Hondo
The cost of living varies in the cities and towns around Hondo. Here's a quick look at the cost of living in the most populous nearby places:
San Antonio, TX has a cost of living index of 89, 1.0x Hondo.
Timberwood Park, TX has a cost of living index of 113, 1.3x Hondo.
Kerrville, TX has a cost of living index of 89, 1.0x Hondo.
| City | Population | Cost Of Living | Vs. Hondo |
|---|---|---|---|
| San Antonio, TX | 1,434,540 | 89 | 1.0x |
| Timberwood Park, TX | 33,506 | 113 | 1.3x |
| Kerrville, TX | 24,071 | 89 | 1.0x |
| Boerne, TX | 17,290 | 102 | 1.2x |
| Uvalde, TX | 15,374 | 80 | 0.9x |
| Leon Valley, TX | 11,503 | 91 | 1.1x |
| Lakehills, TX | 5,499 | 91 | 1.1x |
