Lago Vista, TX Cost Of Living
Cost Of Living In Lago Vista, TX Summary
Cost of living in Lago Vista 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 Lago Vista 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 Lago Vista is 96, with 100 being the average.
The cost of living index in Lago Vista is 1.0x lower than the national average.
Lago Vista ranks as the #281 cheapest in Texas out of 405.
Lago Vista ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Lago Vista is $310,500.
The median income in Lago Vista is $92,667.
Table Of Contents
Lago Vista's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lago Vista, TX?
According to the most recent data on the cost of living, Lago Vista has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Texas, Lago Vista has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Lago Vista ranks as #281 most affordable out of the 405 places we measured in Texas. By definition, that implies Lago Vista ranks as the #124 most expensive place in the Lone Star State.
For more reading on life in Lago Vista, check out:
- Living In Lago Vista
- Lago Vista Crime Report
- Search Homes For Sale In Lago Vista, TX
In Texas
In America
Lago Vista Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Lago Vista. Here is how it fairs on each of the criteria:
The Services index in Lago Vista is 93.
The Groceries index in Lago Vista is 80.
The Health index in Lago Vista is 90.
The Housing index in Lago Vista is 105.
The Transportation index in Lago Vista is 87.
The Utilities index in Lago Vista is 106.
| Living Expense | Lago Vista | Texas | National Average | |
|---|---|---|---|---|
| Overall | 96 | 92 | 100 | |
| Services | 93 | 96 | 100 | |
| Groceries | 80 | 93 | 100 | |
| Health | 90 | 93 | 100 | |
| Housing | 105 | 84 | 100 | |
| Transportation | 87 | 92 | 100 | |
| Utilities | 106 | 104 | 100 | |
Lago Vista, 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 Lago Vista is $310,500.
The Median Rent in Lago Vista is $888.
The Median Income in Lago Vista is $92,667.
The Home Value To Income in Lago Vista is 3.4x.
The Rent To Monthly Income in Lago Vista is 0.11x.
| Statistic | Lago Vista | Texas | United States |
|---|---|---|---|
| Median Home Value | $310,500 | $202,600 | $244,900 |
| Median Rent | $888 | $1,146 | $1,163 |
| Median Income | $92,667 | $67,321 | $69,021 |
| Home Value To Income | 3.4x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.11x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Lago Vista, TX Costs By Category
Detailed Lago Vista Services Costs Vs. Texas
| Item | Lago Vista | Texas |
|---|---|---|
| Shampoo | $0.89 | $1.06 |
| Movie | $11.98 | $10.68 |
| Bowling | $18.0 | $14.67 |
| Haircut | $20.5 | $18.62 |
| Beauty Salon | $39.83 | $39.05 |
Detailed Lago Vista Groceries Costs Vs. Texas
| Item | Lago Vista | Texas |
|---|---|---|
| Ground Beef | $3.4 | $4.22 |
| Fried Chicken | $0.97 | $1.39 |
| Milk | $1.47 | $2.05 |
| Potatoes | $2.28 | $3.29 |
| Pizza | $10.99 | $10.62 |
| Beer | $9.68 | $9.38 |
| Toothpaste | $1.69 | $2.34 |
Detailed Lago Vista Health Costs Vs. Texas
| Item | Lago Vista | Texas |
|---|---|---|
| Optometrist | $90.97 | $108.57 |
| Doctor | $88.57 | $116.17 |
| Dentist | $98.56 | $99.13 |
Detailed Lago Vista Transportation Costs Vs. Texas
| Item | Lago Vista | Texas |
|---|---|---|
| Gasoline | $1.81 | $2.22 |
| Tire Balancing | $47.37 | $50.07 |
Detailed Lago Vista Utilities Costs Vs. Texas
| Item | Lago Vista | Texas |
|---|---|---|
| All Electricity | $190.23 | $167.67 |
| Phone | $185.48 | $175.64 |
Lago Vista SnackAbility
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