Cost of living in Terrell Hills 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 Terrell Hills 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 Terrell Hills is 173, with 100 being the average.
The cost of living index in Terrell Hills is 1.7x higher than the national average.
Terrell Hills ranks as the #409 cheapest in Texas out of 414.
Terrell Hills ranks as the #6,114 cheapest out of 6,489 in the US.
The median home value in Terrell Hills is $882,777.
The median income in Terrell Hills is $217,800.
According to the most recent data on the cost of living, Terrell Hills has an overall cost of living index of 173, which is 1.7x higher than the national index of 100.
Compared to Texas, Terrell Hills has a cost of living index that's 1.9x higher than Texas's index of 92.
The standard of living in Terrell Hills ranks as #409 most affordable out of the 414 places we measured in Texas. By definition, that implies Terrell Hills ranks as the #5 most expensive place in the Lone Star State.
For more reading on life in Terrell Hills, check out:
Six factors go into calculating the cost of living index in Terrell Hills. Here is how it fairs on each of the criteria:
The Services index in Terrell Hills is 100.
The Groceries index in Terrell Hills is 93.
The Health index in Terrell Hills is 106.
The Housing index in Terrell Hills is 347.
The Transportation index in Terrell Hills is 91.
The Utilities index in Terrell Hills is 86.
| Living Expense | Terrell Hills | Texas | National Average | |
|---|---|---|---|---|
| Overall | 173 | 92 | 100 | |
| Services | 100 | 97 | 100 | |
| Groceries | 93 | 97 | 100 | |
| Health | 106 | 93 | 100 | |
| Housing | 347 | 82 | 100 | |
| Transportation | 91 | 94 | 100 | |
| Utilities | 86 | 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 Terrell Hills is $882,777.
The Median Rent in Terrell Hills is $1,154.
The Median Income in Terrell Hills is $217,800.
The Home Value To Income in Terrell Hills is 4.1x.
The Rent To Monthly Income in Terrell Hills is 0.06x.
| Statistic | Terrell Hills | Texas | United States |
|---|---|---|---|
| Median Home Value | $882,777 | $298,905 | $303,400 |
| Median Rent | $1,154 | $1,339 | $1,348 |
| Median Income | $217,800 | $76,292 | $78,538 |
| Home Value To Income | 4.1x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.06x | 0.21x | 0.21x |
| Item | Terrell Hills | Texas |
|---|---|---|
| Shampoo | $1.06 | $1.28 |
| Movie | $9.5 | $12.13 |
| Bowling | $13.7 | $18 |
| Haircut | $20.78 | $24.26 |
| Beauty Salon | $43.67 | $45.56 |
| Item | Terrell Hills | Texas |
|---|---|---|
| Ground Beef | $4.93 | $5.84 |
| Fried Chicken | $1.57 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $4.55 | $4.93 |
| Pizza | $11.32 | $12.09 |
| Beer | $10.5 | $10.41 |
| Toothpaste | $3.6 | $3.7 |
| Item | Terrell Hills | Texas |
|---|---|---|
| Optometrist | $132.0 | $125.68 |
| Doctor | $171.14 | $135.78 |
| Dentist | $108.33 | $113.29 |
| Item | Terrell Hills | Texas |
|---|---|---|
| Gasoline | $3.03 | $3.46 |
| Tire Balancing | $57.2 | $59.92 |
| Item | Terrell Hills | Texas |
|---|---|---|
| All Electricity | $217.71 | $193.99 |
| Phone | $201.97 | $192.25 |
The cost of living varies in the cities and towns around Terrell Hills. Here's a quick look at the cost of living in the most populous nearby places:
San Antonio, TX has a cost of living index of 96, 0.6x Terrell Hills.
Schertz, TX has a cost of living index of 105, 0.6x Terrell Hills.
Timberwood Park, TX has a cost of living index of 125, 0.7x Terrell Hills.
| City | Population | Cost Of Living | Vs. Terrell Hills |
|---|---|---|---|
| San Antonio, TX | 1,458,954 | 96 | 0.6x |
| Schertz, TX | 43,128 | 105 | 0.6x |
| Timberwood Park, TX | 34,980 | 125 | 0.7x |
| Cibolo, TX | 33,829 | 111 | 0.6x |
| Converse, TX | 28,764 | 100 | 0.6x |
| Live Oak, TX | 15,875 | 96 | 0.6x |
| Leon Valley, TX | 11,479 | 97 | 0.6x |
| Kirby, TX | 8,100 | 87 | 0.5x |
| Alamo Heights, TX | 7,443 | 150 | 0.9x |
| Windcrest, TX | 5,815 | 104 | 0.6x |