Lakehills, TX Cost Of Living
Cost Of Living In Lakehills, TX Summary
Cost of living in Lakehills 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 Lakehills 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 Lakehills is 91, with 100 being the average.
The cost of living index in Lakehills is 0.9x lower than the national average.
Lakehills ranks as the #226 cheapest in Texas out of 405.
Lakehills ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Lakehills is $203,800.
The median income in Lakehills is $72,833.
Table Of Contents
Lakehills's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lakehills, TX?
According to the most recent data on the cost of living, Lakehills has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Texas, Lakehills has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Lakehills ranks as #226 most affordable out of the 405 places we measured in Texas. By definition, that implies Lakehills ranks as the #179 most expensive place in the Lone Star State.
For more reading on life in Lakehills, check out:
- Living In Lakehills
- Search Homes For Sale In Lakehills, TX
In Texas
In America
Lakehills Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Lakehills. Here is how it fairs on each of the criteria:
The Services index in Lakehills is 101.
The Groceries index in Lakehills is 89.
The Health index in Lakehills is 84.
The Housing index in Lakehills is 77.
The Transportation index in Lakehills is 93.
The Utilities index in Lakehills is 91.
| Living Expense | Lakehills | Texas | National Average | |
|---|---|---|---|---|
| Overall | 91 | 92 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 89 | 93 | 100 | |
| Health | 84 | 93 | 100 | |
| Housing | 77 | 84 | 100 | |
| Transportation | 93 | 92 | 100 | |
| Utilities | 91 | 104 | 100 | |
Lakehills, 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 Lakehills is $203,800.
The Median Rent in Lakehills is $1,290.
The Median Income in Lakehills is $72,833.
The Home Value To Income in Lakehills is 2.8x.
The Rent To Monthly Income in Lakehills is 0.21x.
| Statistic | Lakehills | Texas | United States |
|---|---|---|---|
| Median Home Value | $203,800 | $202,600 | $244,900 |
| Median Rent | $1,290 | $1,146 | $1,163 |
| Median Income | $72,833 | $67,321 | $69,021 |
| Home Value To Income | 2.8x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Lakehills, TX Costs By Category
Detailed Lakehills Services Costs Vs. Texas
Detailed Lakehills Groceries Costs Vs. Texas
Detailed Lakehills Health Costs Vs. Texas
Detailed Lakehills Transportation Costs Vs. Texas
Detailed Lakehills Utilities Costs Vs. Texas
Lakehills SnackAbility
/10
Cost Of Living In Cities Around Lakehills
The cost of living varies in the cities and towns around Lakehills. Here's a quick look at the cost of living in the most populous nearby places:
New Braunfels, TX has a cost of living index of 93, 1.0x Lakehills.
Schertz, TX has a cost of living index of 95, 1.0x Lakehills.
Timberwood Park, TX has a cost of living index of 113, 1.2x Lakehills.
| City | Population | Cost Of Living | Vs. Lakehills |
|---|---|---|---|
| New Braunfels, TX | 87,549 | 93 | 1.0x |
| Schertz, TX | 41,607 | 95 | 1.0x |
| Timberwood Park, TX | 33,506 | 113 | 1.2x |
| Cibolo, TX | 31,489 | 103 | 1.1x |
| Converse, TX | 27,361 | 92 | 1.0x |
| Kerrville, TX | 24,071 | 89 | 1.0x |
| Boerne, TX | 17,290 | 102 | 1.1x |
| Live Oak, TX | 15,554 | 90 | 1.0x |
| Leon Valley, TX | 11,503 | 91 | 1.0x |
| Fredericksburg, TX | 10,864 | 106 | 1.2x |
