Cost of living in Buda 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 Buda 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 Buda is 99, with 100 being the average.
The cost of living index in Buda is 1.0x lower than the national average.
Buda ranks as the #308 cheapest in Texas out of 405.
Buda ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Buda is $294,900.
The median income in Buda is $87,571.
According to the most recent data on the cost of living, Buda has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Texas, Buda has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Buda ranks as #308 most affordable out of the 405 places we measured in Texas. By definition, that implies Buda ranks as the #97 most expensive place in the Lone Star State.
For more reading on life in Buda, check out:
Six factors go into calculating the cost of living index in Buda. Here is how it fairs on each of the criteria:
The Services index in Buda is 105.
The Groceries index in Buda is 94.
The Health index in Buda is 108.
The Housing index in Buda is 107.
The Transportation index in Buda is 89.
The Utilities index in Buda is 94.
Living Expense | Buda | Texas | National Average | |
---|---|---|---|---|
Overall | 99 | 92 | 100 | |
Services | 105 | 96 | 100 | |
Groceries | 94 | 93 | 100 | |
Health | 108 | 93 | 100 | |
Housing | 107 | 84 | 100 | |
Transportation | 89 | 92 | 100 | |
Utilities | 94 | 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 Buda is $294,900.
The Median Rent in Buda is $1,476.
The Median Income in Buda is $87,571.
The Home Value To Income in Buda is 3.4x.
The Rent To Monthly Income in Buda is 0.2x.
Statistic | Buda | Texas | United States |
---|---|---|---|
Median Home Value | $294,900 | $202,600 | $244,900 |
Median Rent | $1,476 | $1,146 | $1,163 |
Median Income | $87,571 | $67,321 | $69,021 |
Home Value To Income | 3.4x | 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 Buda. Here's a quick look at the cost of living in the most populous nearby places:
Round Rock, TX has a cost of living index of 100, 1.0x Buda.
Cedar Park, TX has a cost of living index of 101, 1.0x Buda.
Georgetown, TX has a cost of living index of 100, 1.0x Buda.
City | Population | Cost Of Living | Vs. Buda |
---|---|---|---|
Round Rock, TX | 117,735 | 100 | 1.0x |
Cedar Park, TX | 74,741 | 101 | 1.0x |
Georgetown, TX | 66,514 | 100 | 1.0x |
Pflugerville, TX | 64,007 | 96 | 1.0x |
Leander, TX | 57,696 | 99 | 1.0x |
Kyle, TX | 45,147 | 99 | 1.0x |
Cibolo, TX | 31,489 | 103 | 1.0x |
Converse, TX | 27,361 | 92 | 0.9x |
Hutto, TX | 26,971 | 95 | 1.0x |
Brushy Creek, TX | 22,972 | 103 | 1.0x |