Cost of living in Katy 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 Katy 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 Katy is 102, with 100 being the average.
The cost of living index in Katy is 1.0x higher than the national average.
Katy ranks as the #256 cheapest in Texas out of 414.
Katy ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Katy is $340,853.
The median income in Katy is $107,332.
According to the most recent data on the cost of living, Katy has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Texas, Katy has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Katy ranks as #256 most affordable out of the 414 places we measured in Texas. By definition, that implies Katy ranks as the #158 most expensive place in the Lone Star State.
For more reading on life in Katy, check out:
Six factors go into calculating the cost of living index in Katy. Here is how it fairs on each of the criteria:
The Services index in Katy is 102.
The Groceries index in Katy is 100.
The Health index in Katy is 94.
The Housing index in Katy is 114.
The Transportation index in Katy is 91.
The Utilities index in Katy is 104.
| Living Expense | Katy | Texas | National Average | |
|---|---|---|---|---|
| Overall | 102 | 92 | 100 | |
| Services | 102 | 97 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 94 | 93 | 100 | |
| Housing | 114 | 82 | 100 | |
| Transportation | 91 | 94 | 100 | |
| Utilities | 104 | 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 Katy is $340,853.
The Median Rent in Katy is $1,609.
The Median Income in Katy is $107,332.
The Home Value To Income in Katy is 3.2x.
The Rent To Monthly Income in Katy is 0.18x.
The cost of living varies in the cities and towns around Katy. Here's a quick look at the cost of living in the most populous nearby places:
Sugar Land, TX has a cost of living index of 122, 1.2x Katy.
Rosenberg, TX has a cost of living index of 101, 1.0x Katy.
Mission Bend, TX has a cost of living index of 103, 1.0x Katy.
| City | Population | Cost Of Living | Vs. Katy |
|---|---|---|---|
| Sugar Land, TX | 109,735 | 122 | 1.2x |
| Rosenberg, TX | 39,467 | 101 | 1.0x |
| Mission Bend, TX | 37,280 | 103 | 1.0x |
| Fulshear, TX | 26,986 | 139 | 1.4x |
| Pecan Grove, TX | 24,798 | 112 | 1.1x |
| Cinco Ranch, TX | 19,139 | 126 | 1.2x |
| Stafford, TX | 17,279 | 103 | 1.0x |
| Richmond, TX | 12,117 | 99 | 1.0x |
| Four Corners, TX | 11,490 | 106 | 1.0x |
| Brookshire, TX | 5,330 | 89 | 0.9x |