Timberwood Park, TX Cost Of Living
Cost Of Living In Timberwood Park, TX Summary
Cost of living in Timberwood Park 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 Timberwood Park 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 Timberwood Park is 113, with 100 being the average.
The cost of living index in Timberwood Park is 1.1x higher than the national average.
Timberwood Park ranks as the #371 cheapest in Texas out of 405.
Timberwood Park ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Timberwood Park is $365,200.
The median income in Timberwood Park is $116,447.
Table Of Contents
Timberwood Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Timberwood Park, TX?
According to the most recent data on the cost of living, Timberwood Park has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Texas, Timberwood Park has a cost of living index that's 1.2x higher than Texas's index of 92.
The standard of living in Timberwood Park ranks as #371 most affordable out of the 405 places we measured in Texas. By definition, that implies Timberwood Park ranks as the #34 most expensive place in the Lone Star State.
For more reading on life in Timberwood Park, check out:
- Living In Timberwood Park
- Search Homes For Sale In Timberwood Park, TX
In Texas
In America
Timberwood Park Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Timberwood Park. Here is how it fairs on each of the criteria:
The Services index in Timberwood Park is 100.
The Groceries index in Timberwood Park is 91.
The Health index in Timberwood Park is 85.
The Housing index in Timberwood Park is 160.
The Transportation index in Timberwood Park is 94.
The Utilities index in Timberwood Park is 88.
| Living Expense | Timberwood Park | Texas | National Average | |
|---|---|---|---|---|
| Overall | 113 | 92 | 100 | |
| Services | 100 | 96 | 100 | |
| Groceries | 91 | 93 | 100 | |
| Health | 85 | 93 | 100 | |
| Housing | 160 | 84 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 88 | 104 | 100 | |
Timberwood Park, 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 Timberwood Park is $365,200.
The Median Rent in Timberwood Park is $1,772.
The Median Income in Timberwood Park is $116,447.
The Home Value To Income in Timberwood Park is 3.1x.
The Rent To Monthly Income in Timberwood Park is 0.18x.
| Statistic | Timberwood Park | Texas | United States |
|---|---|---|---|
| Median Home Value | $365,200 | $202,600 | $244,900 |
| Median Rent | $1,772 | $1,146 | $1,163 |
| Median Income | $116,447 | $67,321 | $69,021 |
| Home Value To Income | 3.1x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Timberwood Park, TX Costs By Category
Detailed Timberwood Park Services Costs Vs. Texas
| Item | Timberwood Park | Texas |
|---|---|---|
| Shampoo | $0.89 | $1.06 |
| Movie | $8.83 | $10.68 |
| Bowling | $16.64 | $14.67 |
| Haircut | $22.97 | $18.62 |
| Beauty Salon | $45.96 | $39.05 |
Detailed Timberwood Park Groceries Costs Vs. Texas
| Item | Timberwood Park | Texas |
|---|---|---|
| Ground Beef | $4.0 | $4.22 |
| Fried Chicken | $1.01 | $1.39 |
| Milk | $1.63 | $2.05 |
| Potatoes | $2.44 | $3.29 |
| Pizza | $11.33 | $10.62 |
| Beer | $9.43 | $9.38 |
| Toothpaste | $2.16 | $2.34 |
Detailed Timberwood Park Health Costs Vs. Texas
| Item | Timberwood Park | Texas |
|---|---|---|
| Optometrist | $97.83 | $108.57 |
| Doctor | $86.07 | $116.17 |
| Dentist | $87.61 | $99.13 |
Detailed Timberwood Park Transportation Costs Vs. Texas
| Item | Timberwood Park | Texas |
|---|---|---|
| Gasoline | $1.9 | $2.22 |
| Tire Balancing | $52.7 | $50.07 |
Detailed Timberwood Park Utilities Costs Vs. Texas
| Item | Timberwood Park | Texas |
|---|---|---|
| All Electricity | $133.5 | $167.67 |
| Phone | $184.32 | $175.64 |
Timberwood Park SnackAbility
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Cost Of Living In Cities Around Timberwood Park
The cost of living varies in the cities and towns around Timberwood Park. 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 89, 0.8x Timberwood Park.
Schertz, TX has a cost of living index of 95, 0.8x Timberwood Park.
Cibolo, TX has a cost of living index of 103, 0.9x Timberwood Park.
| City | Population | Cost Of Living | Vs. Timberwood Park |
|---|---|---|---|
| San Antonio, TX | 1,434,540 | 89 | 0.8x |
| Schertz, TX | 41,607 | 95 | 0.8x |
| Cibolo, TX | 31,489 | 103 | 0.9x |
| Canyon Lake, TX | 30,641 | 101 | 0.9x |
| Converse, TX | 27,361 | 92 | 0.8x |
| Boerne, TX | 17,290 | 102 | 0.9x |
| Live Oak, TX | 15,554 | 90 | 0.8x |
| Leon Valley, TX | 11,503 | 91 | 0.8x |
| Selma, TX | 10,601 | 98 | 0.9x |
| Fair Oaks Ranch, TX | 9,951 | 123 | 1.1x |
