Woodway, TX Cost Of Living

The latest cost of living statistics for Woodway. Includes statistics on rent, mortgages, healthcare, and other costs for Woodway compared to the state and national averages.

Cost of living in Woodway, Texas

Cost of living in Woodway 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 Woodway 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:

112 Cost of living index 1.1x higher vs US
#339 Cheapest in Texas (of 419)
#3,724 Cheapest in the U.S. (of 6,489)
$368,722 Median home value
$1,653 Median rent
$115,108 Median income
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What is the cost of living in Woodway, TX?

According to the most recent data on the cost of living, Woodway has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.

Compared to Texas, Woodway has a cost of living index that's 1.2x higher than Texas's index of 93.

The standard of living in Woodway ranks as #339 most affordable out of the 419 places we measured in Texas. By definition, that implies Woodway ranks as the #80 most expensive place in the Lone Star State.

For more reading on life in Woodway, check out:

Woodway Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Woodway. Here is how it fares on each of the criteria:

  • The Services index in Woodway is 97.

  • The Groceries index in Woodway is 97.

  • The Health index in Woodway is 134.

  • The Housing index in Woodway is 95.

  • The Transportation index in Woodway is 109.

  • The Utilities index in Woodway is 95.

Living Expense Woodway Texas National Average
Overall 112 93 100
Services 97 100 100
Groceries 97 99 100
Health 134 81 100
Housing 95 97 100
Transportation 109 103 100
Utilities 95 100 100

Woodway Cost Of Living Compared To Texas Averages

Services
Woodway 97
Texas avg 100
Groceries
Woodway 97
Texas avg 99
Health
Woodway 134
Texas avg 81
Housing
Woodway 95
Texas avg 97
Transportation
Woodway 109
Texas avg 103
Utilities
Woodway 95
Texas avg 100

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Texas, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Woodway, TX Housing Cost Breakdown

$368,722Median Home Value
$1,653Median Rent
$115,108Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Woodway is $368,722.

  • The Median Rent in Woodway is $1,653.

  • The Median Income in Woodway is $115,108.

  • The Home Value To Income in Woodway is 3.2x.

  • The Rent To Monthly Income in Woodway is 0.17x.

Statistic Woodway Texas United States
Median Home Value $368,722 $300,957 $332,700
Median Rent $1,653 $1,403 $1,413
Median Income $115,108 $78,476 $80,734
Home Value To Income 3.2x 3.8x 4.1x
Rent To Monthly Income 0.17x 0.21x 0.21x

Woodway, TX Costs By Category

Detailed Woodway Services costs vs. Texas
Item Woodway Texas
Shampoo $1.06 $1.28
Movie $9.61 $12.13
Bowling $18.5 $18
Haircut $18.64 $24.26
Beauty Salon $40.42 $45.56
Detailed Woodway Groceries costs vs. Texas
Item Woodway Texas
Ground Beef $5.43 $5.84
Fried Chicken $1.58 $1.57
Milk $4.6 $4.67
Potatoes $4.55 $4.93
Pizza $12.51 $12.09
Beer $10.32 $10.41
Toothpaste $3.63 $3.7
Detailed Woodway Health costs vs. Texas
Item Woodway Texas
Optometrist $106.87 $125.68
Doctor $106.77 $135.78
Dentist $108.56 $113.29
Detailed Woodway Transportation costs vs. Texas
Item Woodway Texas
Gasoline $3.1 $3.46
Tire Balancing $56.7 $59.92
Detailed Woodway Utilities costs vs. Texas
Item Woodway Texas
All Electricity $212.69 $193.99
Phone $207.96 $192.25

Woodway SnackAbility

9Overall SnackAbility
Jobs 8.5/10
Housing 8.5/10
Affordability 8/10
Diversity 7/10
Safety 8/10
Amenities 8/10
Education 9.5/10
Commute 9.5/10

Cost Of Living In Cities Around Woodway

The cost of living varies in the cities and towns around Woodway. Here's a quick look at the cost of living in the most populous nearby places:

  • Killeen, TX has a cost of living index of 95, 0.8x Woodway.

  • Waco, TX has a cost of living index of 91, 0.8x Woodway.

  • Temple, TX has a cost of living index of 95, 0.8x Woodway.

City Population Cost Of Living Vs. Woodway
Killeen, TX 158,159 95 0.8x
Waco, TX 143,570 91 0.8x
Temple, TX 89,602 95 0.8x
Copperas Cove, TX 37,947 89 0.8x
Harker Heights, TX 34,128 104 0.9x
Fort Hood, TX 26,814 108 1.0x
Belton, TX 24,356 97 0.9x
Hewitt, TX 16,432 101 0.9x
Gatesville, TX 16,228 89 0.8x
Robinson, TX 12,800 99 0.9x