Brady, TX Cost Of Living
Cost Of Living In Brady, TX Summary
Cost of living in Brady 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 Brady 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 Brady is 81, with 100 being the average.
The cost of living index in Brady is 0.8x lower than the national average.
Brady ranks as the #66 cheapest in Texas out of 405.
Brady ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Brady is $76,600.
The median income in Brady is $39,384.
Table Of Contents
Brady's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Brady, TX?
According to the most recent data on the cost of living, Brady has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Texas, Brady has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Brady ranks as #66 most affordable out of the 405 places we measured in Texas. By definition, that implies Brady ranks as the #339 most expensive place in the Lone Star State.
For more reading on life in Brady, check out:
- Living In Brady
- Brady Crime Report
- Search Homes For Sale In Brady, TX
In Texas
In America
Brady Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Brady. Here is how it fairs on each of the criteria:
The Services index in Brady is 89.
The Groceries index in Brady is 86.
The Health index in Brady is 104.
The Housing index in Brady is 46.
The Transportation index in Brady is 99.
The Utilities index in Brady is 108.
| Living Expense | Brady | Texas | National Average | |
|---|---|---|---|---|
| Overall | 81 | 92 | 100 | |
| Services | 89 | 96 | 100 | |
| Groceries | 86 | 93 | 100 | |
| Health | 104 | 93 | 100 | |
| Housing | 46 | 84 | 100 | |
| Transportation | 99 | 92 | 100 | |
| Utilities | 108 | 104 | 100 | |
Brady, 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 Brady is $76,600.
The Median Rent in Brady is $814.
The Median Income in Brady is $39,384.
The Home Value To Income in Brady is 1.9x.
The Rent To Monthly Income in Brady is 0.25x.
| Statistic | Brady | Texas | United States |
|---|---|---|---|
| Median Home Value | $76,600 | $202,600 | $244,900 |
| Median Rent | $814 | $1,146 | $1,163 |
| Median Income | $39,384 | $67,321 | $69,021 |
| Home Value To Income | 1.9x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Brady, TX Costs By Category
Detailed Brady Services Costs Vs. Texas
Detailed Brady Groceries Costs Vs. Texas
Detailed Brady Health Costs Vs. Texas
Detailed Brady Transportation Costs Vs. Texas
Detailed Brady Utilities Costs Vs. Texas
Brady SnackAbility
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Cost Of Living In Cities Around Brady
The cost of living varies in the cities and towns around Brady. Here's a quick look at the cost of living in the most populous nearby places:
Brownwood, TX has a cost of living index of 80, 1.0x Brady.
| City | Population | Cost Of Living | Vs. Brady |
|---|---|---|---|
| Brownwood, TX | 18,865 | 80 | 1.0x |
