Cost of living in Converse 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 Converse 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 Converse is 92, with 100 being the average.
The cost of living index in Converse is 0.9x lower than the national average.
Converse ranks as the #239 cheapest in Texas out of 405.
Converse ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Converse is $182,500.
The median income in Converse is $77,411.
According to the most recent data on the cost of living, Converse has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Texas, Converse has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Converse ranks as #239 most affordable out of the 405 places we measured in Texas. By definition, that implies Converse ranks as the #166 most expensive place in the Lone Star State.
For more reading on life in Converse, check out:
Six factors go into calculating the cost of living index in Converse. Here is how it fairs on each of the criteria:
The Services index in Converse is 100.
The Groceries index in Converse is 91.
The Health index in Converse is 87.
The Housing index in Converse is 84.
The Transportation index in Converse is 90.
The Utilities index in Converse is 90.
Living Expense | Converse | Texas | National Average | |
---|---|---|---|---|
Overall | 92 | 92 | 100 | |
Services | 100 | 96 | 100 | |
Groceries | 91 | 93 | 100 | |
Health | 87 | 93 | 100 | |
Housing | 84 | 84 | 100 | |
Transportation | 90 | 92 | 100 | |
Utilities | 90 | 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 Converse is $182,500.
The Median Rent in Converse is $1,347.
The Median Income in Converse is $77,411.
The Home Value To Income in Converse is 2.4x.
The Rent To Monthly Income in Converse is 0.21x.
Statistic | Converse | Texas | United States |
---|---|---|---|
Median Home Value | $182,500 | $202,600 | $244,900 |
Median Rent | $1,347 | $1,146 | $1,163 |
Median Income | $77,411 | $67,321 | $69,021 |
Home Value To Income | 2.4x | 3.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Converse. Here's a quick look at the cost of living in the most populous nearby places:
San Antonio, TX has a cost of living index of 89, 1.0x Converse.
New Braunfels, TX has a cost of living index of 93, 1.0x Converse.
Schertz, TX has a cost of living index of 95, 1.0x Converse.
City | Population | Cost Of Living | Vs. Converse |
---|---|---|---|
San Antonio, TX | 1,434,540 | 89 | 1.0x |
New Braunfels, TX | 87,549 | 93 | 1.0x |
Schertz, TX | 41,607 | 95 | 1.0x |
Timberwood Park, TX | 33,506 | 113 | 1.2x |
Cibolo, TX | 31,489 | 103 | 1.1x |
Live Oak, TX | 15,554 | 90 | 1.0x |
Leon Valley, TX | 11,503 | 91 | 1.0x |
Selma, TX | 10,601 | 98 | 1.1x |
Kirby, TX | 8,134 | 86 | 0.9x |
Windcrest, TX | 5,830 | 97 | 1.1x |