Burnet, TX Cost Of Living
Cost Of Living In Burnet, TX Summary
Cost of living in Burnet 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 Burnet 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 Burnet is 87, with 100 being the average.
The cost of living index in Burnet is 0.9x lower than the national average.
Burnet ranks as the #165 cheapest in Texas out of 405.
Burnet ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Burnet is $186,500.
The median income in Burnet is $70,766.
Table Of Contents
Burnet's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Burnet, TX?
According to the most recent data on the cost of living, Burnet has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Texas, Burnet has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Burnet ranks as #165 most affordable out of the 405 places we measured in Texas. By definition, that implies Burnet ranks as the #240 most expensive place in the Lone Star State.
For more reading on life in Burnet, check out:
- Living In Burnet
- Burnet Crime Report
- Search Homes For Sale In Burnet, TX
In Texas
In America
Burnet Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Burnet. Here is how it fairs on each of the criteria:
The Services index in Burnet is 95.
The Groceries index in Burnet is 81.
The Health index in Burnet is 90.
The Housing index in Burnet is 85.
The Transportation index in Burnet is 88.
The Utilities index in Burnet is 107.
| Living Expense | Burnet | Texas | National Average | |
|---|---|---|---|---|
| Overall | 87 | 92 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 81 | 93 | 100 | |
| Health | 90 | 93 | 100 | |
| Housing | 85 | 84 | 100 | |
| Transportation | 88 | 92 | 100 | |
| Utilities | 107 | 104 | 100 | |
Burnet, 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 Burnet is $186,500.
The Median Rent in Burnet is $742.
The Median Income in Burnet is $70,766.
The Home Value To Income in Burnet is 2.6x.
The Rent To Monthly Income in Burnet is 0.13x.
| Statistic | Burnet | Texas | United States |
|---|---|---|---|
| Median Home Value | $186,500 | $202,600 | $244,900 |
| Median Rent | $742 | $1,146 | $1,163 |
| Median Income | $70,766 | $67,321 | $69,021 |
| Home Value To Income | 2.6x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Burnet, TX Costs By Category
Detailed Burnet Services Costs Vs. Texas
Detailed Burnet Groceries Costs Vs. Texas
Detailed Burnet Health Costs Vs. Texas
Detailed Burnet Transportation Costs Vs. Texas
Detailed Burnet Utilities Costs Vs. Texas
Burnet SnackAbility
/10
Cost Of Living In Cities Around Burnet
The cost of living varies in the cities and towns around Burnet. 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, 1.2x Burnet.
Round Rock, TX has a cost of living index of 100, 1.1x Burnet.
Cedar Park, TX has a cost of living index of 101, 1.2x Burnet.
| City | Population | Cost Of Living | Vs. Burnet |
|---|---|---|---|
| Austin, TX | 944,658 | 107 | 1.2x |
| Round Rock, TX | 117,735 | 100 | 1.1x |
| Cedar Park, TX | 74,741 | 101 | 1.2x |
| Georgetown, TX | 66,514 | 100 | 1.1x |
| Pflugerville, TX | 64,007 | 96 | 1.1x |
| Leander, TX | 57,696 | 99 | 1.1x |
| Hutto, TX | 26,971 | 95 | 1.1x |
| Brushy Creek, TX | 22,972 | 103 | 1.2x |
| Lakeway, TX | 18,471 | 125 | 1.4x |
| Wells Branch, TX | 13,837 | 94 | 1.1x |
