Here we are to give you the cost of living in Houston Tx. Houston is one of the most populous cities in Texas. Also, it is the fourth most populous city in the United States in its Southern region. Guys, believe me, the city of Houston is no less than heaven. It is considered one of the best places to live in Texas due to its quality of life and welcoming atmosphere. The city is known for its market square park, space center Houston, iFly, splash town, and the Houston museum of natural science. Let’s know the cost of living in Houston TX.
What Is The Cost Of Living In Houston TX?
The cost of living in Houston Tx is 96.5, which is 4.5% less than the average cost of living of 100. The table given below will give you the average cost of living in Houston Tx. While observing the table, you come to know that, the cost of living in Houston, Tx for housing, groceries, Utilities, and health is lower than the national average living cost. If the amount is more than 100, it means the cost of living in Houston per month is more and vice versa.
|Cost Of Living For||Houston TX||USA|
|Median Home Cost||$220,000||$291,700|
The average cost of living in Houston apartment is $1935 for a single person and that for a family of four is $4508. As per data published by different sites, it is shown that housing costs in Houston are 18.6% lower than the national average. But, when it comes to renting, you can not beat the price.
|City||Approx 1 Bedroom Rent||Approx 2 Bedroom Rent|
The cost of living for a single person in Houston is lower because it has cheaper food than the average national food cost. The average food costs are nearly 4% lower than the national average. When you compare the cost of living in Houston vs Dallas TX or the cost of living in Houston vs Seattle Wa, both times you will find Houston is cheaper. Taking the below table into consideration, you will know how much is the cost of living in Houston Tx for food.
|City||Approx Dinner Cost For 2|
Travel costs are another concern when managing your cost of living budget. Houston city is largely a communicating city, so having a car is necessary for many regions of the metro area. It doesn’t mean that Houston doesn’t have public transportation, but you should have your own vehicle to save your travel time. The metro system’s fare for local buses or metro rail is just $1.25 per ride or $3 for a day pass.
So, you know about the cost of living in Houston vs Dallas. Let’s know some other expenses as well.
When you see the cost of living in Houston Tx vs Austin Tx, or the cost of living in Houston Tx vs Atlanta Ga, both times you will find Houston cheaper. So, the cost of living for healthcare is 3.6% cheaper than in the rest of the cities.
While seeing the cost of living Houston vs Austin, or the cost of living in Houston Tx vs Chicago, you find Houston more affordable than these two cities. On average, the residents of Houston should expect to pay around $194 per month on total energy.
In Houston, the cost of the internet changes as per data, speed, and the provider. Here you can buy a plan for a month of AT&T for $55, or also you can buy an internet plan for a month from Xfinity for $25.
Like the internet, the fitness cost also changes as per the fitness club or gyms. Here you can buy a 12-month membership by saving $9.99 on it.
There is paid as well as a free entertainment destination, you can prefer as per your wish. Entertainment in Houston will cost you an average of $11 per person per day.
Here is good news for you, Houston has no state taxes, so you can save some money. The city has a state sales tax of 6.25% and other taxes including county or city can bring that up to 8.25%.
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Click here – What Is The Cost Of Living In San Francisco?
Is It Expensive To Live In Houston Texas?
The cost of living in Houston is below the U.S. average
Compared to the nation’s 20 most populous metro areas, Houston has the second lowest overall cost of living, with costs 4.2% below the average for all 277 urban areas in the survey by the Council for Community and Economic Research (C2ER).
How Much Money Do You Need To Live Comfortably In Houston?
Houstonians need to take home $131,400 a year to live comfortably in the city, the study found. This salary would allow residents to spend: $65,700 on necessities a year.
What Is Considered A High Salary In Houston?
Jobs are ranked by average annual salary with information up to date as of May 2021. In Houston, the annual mean wage is $57,790 or 0.8% lower than national mean of $58,260, while the highest-paying occupation makes $356,480.
Is Houston A Good Place To Live?
Prized for its diversity, Houston is considered one of the best places to live in Texas due to its quality of life and welcoming atmosphere. Best known for its space exploration, energy industry, and affordable cost of living, it is no wonder why Houston has become a top destination for relocation.
How Much Does It Cost To Live In Houston Per Month?
Family of four estimated monthly costs are 3,424.5$ without rent. A single person estimated monthly costs are 963.3$ without rent. Houston is 25.1% less expensive than Seattle (without rent). Rent in Houston is, on average, 35.0% lower than in Seattle.
What Is The Average Monthly Cost Of Living In Houston Texas?
How much does it cost to live in Houston each month? According to the Bureau of Labor Statistics Consumer Price Index survey, the average household in Houston making $86,831 a year will spend $62,183 annually, which breaks out to $5,181 per month.
Now, you know all about the cost of living in the city of Houston. If you have a lower income or salary, still you can move to Houston, because it has a lower cost of living than the national average of 100. Best of all, the city’s overall cost of living is 6% lower than the national average, pretty impressive for the 4th largest city in the nation. So, this was all about the cost of living in Houston Tx.