La Homa, TX Cost Of Living
Cost Of Living In La Homa, TX Summary
Cost of living in La Homa 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 La Homa 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 La Homa is 78, with 100 being the average.
The cost of living index in La Homa is 0.8x lower than the national average.
La Homa ranks as the #15 cheapest in Texas out of 414.
La Homa ranks as the #46 cheapest out of 6,489 in the US.
The median home value in La Homa is $161,695.
The median income in La Homa is $41,198.
Table Of Contents
La Homa's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in La Homa, TX?
According to the most recent data on the cost of living, La Homa has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to Texas, La Homa has a cost of living index that's 0.8x lower than Texas's index of 92.
The standard of living in La Homa ranks as #15 most affordable out of the 414 places we measured in Texas. By definition, that implies La Homa ranks as the #399 most expensive place in the Lone Star State.
For more reading on life in La Homa, check out:
In Texas
In America
La Homa Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in La Homa. Here is how it fairs on each of the criteria:
The Services index in La Homa is 86.
The Groceries index in La Homa is 93.
The Health index in La Homa is 75.
The Housing index in La Homa is 48.
The Transportation index in La Homa is 93.
The Utilities index in La Homa is 105.
| Living Expense | La Homa | Texas | National Average | |
|---|---|---|---|---|
| Overall | 78 | 92 | 100 | |
| Services | 86 | 97 | 100 | |
| Groceries | 93 | 97 | 100 | |
| Health | 75 | 93 | 100 | |
| Housing | 48 | 82 | 100 | |
| Transportation | 93 | 94 | 100 | |
| Utilities | 105 | 104 | 100 | |
La Homa, 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 La Homa is $161,695.
The Median Rent in La Homa is $746.
The Median Income in La Homa is $41,198.
The Home Value To Income in La Homa is 3.9x.
The Rent To Monthly Income in La Homa is 0.22x.
Median Home Value
Median Rent
Median Income
La Homa, TX Costs By Category
Detailed La Homa Services Costs Vs. Texas
Detailed La Homa Groceries Costs Vs. Texas
Detailed La Homa Health Costs Vs. Texas
Detailed La Homa Transportation Costs Vs. Texas
Detailed La Homa Utilities Costs Vs. Texas
La Homa SnackAbility
/10
Cost Of Living In Cities Around La Homa
The cost of living varies in the cities and towns around La Homa. Here's a quick look at the cost of living in the most populous nearby places:
McAllen, TX has a cost of living index of 86, 1.1x La Homa.
Edinburg, TX has a cost of living index of 87, 1.1x La Homa.
Mission, TX has a cost of living index of 86, 1.1x La Homa.
| City | Population | Cost Of Living | Vs. La Homa |
|---|---|---|---|
| McAllen, TX | 143,789 | 86 | 1.1x |
| Edinburg, TX | 102,561 | 87 | 1.1x |
| Mission, TX | 86,234 | 86 | 1.1x |
| Pharr, TX | 79,809 | 82 | 1.1x |
| Alamo, TX | 20,008 | 79 | 1.0x |
| Alton, TX | 19,205 | 80 | 1.0x |
| Palmview, TX | 15,650 | 81 | 1.0x |
| Hidalgo, TX | 14,250 | 83 | 1.1x |
| Doffing, TX | 5,126 | 80 | 1.0x |
