Cost of living in Lockhart 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 Lockhart 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 Lockhart is 93, with 100 being the average.
The cost of living index in Lockhart is 0.9x lower than the national average.
Lockhart ranks as the #164 cheapest in Texas out of 414.
Lockhart ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Lockhart is $281,379.
The median income in Lockhart is $67,252.
According to the most recent data on the cost of living, Lockhart has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Texas, Lockhart has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Lockhart ranks as #164 most affordable out of the 414 places we measured in Texas. By definition, that implies Lockhart ranks as the #250 most expensive place in the Lone Star State.
For more reading on life in Lockhart, check out:
Six factors go into calculating the cost of living index in Lockhart. Here is how it fairs on each of the criteria:
The Services index in Lockhart is 97.
The Groceries index in Lockhart is 99.
The Health index in Lockhart is 96.
The Housing index in Lockhart is 94.
The Transportation index in Lockhart is 90.
The Utilities index in Lockhart is 93.
| Living Expense | Lockhart | Texas | National Average | |
|---|---|---|---|---|
| Overall | 93 | 92 | 100 | |
| Services | 97 | 97 | 100 | |
| Groceries | 99 | 97 | 100 | |
| Health | 96 | 93 | 100 | |
| Housing | 94 | 82 | 100 | |
| Transportation | 90 | 94 | 100 | |
| Utilities | 93 | 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 Lockhart is $281,379.
The Median Rent in Lockhart is $1,161.
The Median Income in Lockhart is $67,252.
The Home Value To Income in Lockhart is 4.2x.
The Rent To Monthly Income in Lockhart is 0.21x.
The cost of living varies in the cities and towns around Lockhart. Here's a quick look at the cost of living in the most populous nearby places:
Round Rock, TX has a cost of living index of 109, 1.2x Lockhart.
Cedar Park, TX has a cost of living index of 115, 1.2x Lockhart.
San Marcos, TX has a cost of living index of 99, 1.1x Lockhart.
| City | Population | Cost Of Living | Vs. Lockhart |
|---|---|---|---|
| Round Rock, TX | 124,288 | 109 | 1.2x |
| Cedar Park, TX | 77,474 | 115 | 1.2x |
| San Marcos, TX | 68,920 | 99 | 1.1x |
| Leander, TX | 67,880 | 112 | 1.2x |
| Pflugerville, TX | 65,162 | 109 | 1.2x |
| Kyle, TX | 52,439 | 106 | 1.1x |
| Timberwood Park, TX | 34,980 | 125 | 1.3x |
| Cibolo, TX | 33,829 | 111 | 1.2x |
| Hutto, TX | 32,188 | 106 | 1.1x |
| Converse, TX | 28,764 | 100 | 1.1x |