Cost of living in Bee Cave 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 Bee Cave 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 Bee Cave is 140, with 100 being the average.
The cost of living index in Bee Cave is 1.4x higher than the national average.
Bee Cave ranks as the #397 cheapest in Texas out of 405.
Bee Cave ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in Bee Cave is $558,200.
The median income in Bee Cave is $100,179.
According to the most recent data on the cost of living, Bee Cave has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to Texas, Bee Cave has a cost of living index that's 1.5x higher than Texas's index of 92.
The standard of living in Bee Cave ranks as #397 most affordable out of the 405 places we measured in Texas. By definition, that implies Bee Cave ranks as the #8 most expensive place in the Lone Star State.
For more reading on life in Bee Cave, check out:
Six factors go into calculating the cost of living index in Bee Cave. Here is how it fairs on each of the criteria:
The Services index in Bee Cave is 103.
The Groceries index in Bee Cave is 94.
The Health index in Bee Cave is 111.
The Housing index in Bee Cave is 239.
The Transportation index in Bee Cave is 91.
The Utilities index in Bee Cave is 97.
Living Expense | Bee Cave | Texas | National Average | |
---|---|---|---|---|
Overall | 140 | 92 | 100 | |
Services | 103 | 96 | 100 | |
Groceries | 94 | 93 | 100 | |
Health | 111 | 93 | 100 | |
Housing | 239 | 84 | 100 | |
Transportation | 91 | 92 | 100 | |
Utilities | 97 | 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 2017-2021. The key points are:
The Median Home Value in Bee Cave is $558,200.
The Median Rent in Bee Cave is $1,653.
The Median Income in Bee Cave is $100,179.
The Home Value To Income in Bee Cave is 5.6x.
The Rent To Monthly Income in Bee Cave is 0.2x.
Statistic | Bee Cave | Texas | United States |
---|---|---|---|
Median Home Value | $558,200 | $202,600 | $244,900 |
Median Rent | $1,653 | $1,146 | $1,163 |
Median Income | $100,179 | $67,321 | $69,021 |
Home Value To Income | 5.6x | 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 Bee Cave. Here's a quick look at the cost of living in the most populous nearby places:
Austin, TX has a cost of living index of 107, 0.8x Bee Cave.
Cedar Park, TX has a cost of living index of 101, 0.7x Bee Cave.
Leander, TX has a cost of living index of 99, 0.7x Bee Cave.
City | Population | Cost Of Living | Vs. Bee Cave |
---|---|---|---|
Austin, TX | 944,658 | 107 | 0.8x |
Cedar Park, TX | 74,741 | 101 | 0.7x |
Leander, TX | 57,696 | 99 | 0.7x |
Brushy Creek, TX | 22,972 | 103 | 0.7x |
Lakeway, TX | 18,471 | 125 | 0.9x |
Wells Branch, TX | 13,837 | 94 | 0.7x |