Cost of living in Victoria 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 Victoria 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 Victoria is 91, with 100 being the average.
The cost of living index in Victoria is 0.9x lower than the national average.
Victoria ranks as the #226 cheapest in Texas out of 405.
Victoria ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Victoria is $157,500.
The median income in Victoria is $59,010.
According to the most recent data on the cost of living, Victoria has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Texas, Victoria has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Victoria ranks as #226 most affordable out of the 405 places we measured in Texas. By definition, that implies Victoria ranks as the #179 most expensive place in the Lone Star State.
For more reading on life in Victoria, check out:
Six factors go into calculating the cost of living index in Victoria. Here is how it fairs on each of the criteria:
The Services index in Victoria is 99.
The Groceries index in Victoria is 88.
The Health index in Victoria is 80.
The Housing index in Victoria is 73.
The Transportation index in Victoria is 95.
The Utilities index in Victoria is 136.
|Living Expense||Victoria||Texas||National Average|
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 Victoria is $157,500.
The Median Rent in Victoria is $996.
The Median Income in Victoria is $59,010.
The Home Value To Income in Victoria is 2.7x.
The Rent To Monthly Income in Victoria is 0.2x.
|Median Home Value||$157,500||$202,600||$244,900|
|Home Value To Income||2.7x||3.0x||3.5x|
|Rent To Monthly Income||0.2x||0.2x||0.2x|
The cost of living varies in the cities and towns around Victoria. Here's a quick look at the cost of living in the most populous nearby places:
Port Lavaca, TX has a cost of living index of 86, 0.9x Victoria.
Cuero, TX has a cost of living index of 80, 0.9x Victoria.
Edna, TX has a cost of living index of 80, 0.9x Victoria.