Cost of living in Copperas Cove 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 Copperas Cove 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 Copperas Cove is 85, with 100 being the average.
The cost of living index in Copperas Cove is 0.8x lower than the national average.
Copperas Cove ranks as the #133 cheapest in Texas out of 405.
Copperas Cove ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Copperas Cove is $125,500.
The median income in Copperas Cove is $59,441.
According to the most recent data on the cost of living, Copperas Cove has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Texas, Copperas Cove has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Copperas Cove ranks as #133 most affordable out of the 405 places we measured in Texas. By definition, that implies Copperas Cove ranks as the #272 most expensive place in the Lone Star State.
For more reading on life in Copperas Cove, check out:
Six factors go into calculating the cost of living index in Copperas Cove. Here is how it fairs on each of the criteria:
The Services index in Copperas Cove is 92.
The Groceries index in Copperas Cove is 80.
The Health index in Copperas Cove is 114.
The Housing index in Copperas Cove is 66.
The Transportation index in Copperas Cove is 96.
The Utilities index in Copperas Cove is 119.
Living Expense | Copperas Cove | Texas | National Average | |
---|---|---|---|---|
Overall | 85 | 92 | 100 | |
Services | 92 | 96 | 100 | |
Groceries | 80 | 93 | 100 | |
Health | 114 | 93 | 100 | |
Housing | 66 | 84 | 100 | |
Transportation | 96 | 92 | 100 | |
Utilities | 119 | 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 Copperas Cove is $125,500.
The Median Rent in Copperas Cove is $909.
The Median Income in Copperas Cove is $59,441.
The Home Value To Income in Copperas Cove is 2.1x.
The Rent To Monthly Income in Copperas Cove is 0.18x.
Statistic | Copperas Cove | Texas | United States |
---|---|---|---|
Median Home Value | $125,500 | $202,600 | $244,900 |
Median Rent | $909 | $1,146 | $1,163 |
Median Income | $59,441 | $67,321 | $69,021 |
Home Value To Income | 2.1x | 3.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.2x | 0.2x |
Item | Copperas Cove | Texas |
---|---|---|
Shampoo | $0.88 | $1.06 |
Movie | $8.75 | $10.68 |
Bowling | $10.78 | $14.67 |
Haircut | $18.42 | $18.62 |
Beauty Salon | $40.08 | $39.05 |
Item | Copperas Cove | Texas |
---|---|---|
Ground Beef | $3.19 | $4.22 |
Fried Chicken | $0.95 | $1.39 |
Milk | $1.47 | $2.05 |
Potatoes | $2.3 | $3.29 |
Pizza | $9.71 | $10.62 |
Beer | $9.91 | $9.38 |
Toothpaste | $1.83 | $2.34 |
Item | Copperas Cove | Texas |
---|---|---|
Optometrist | $99.78 | $108.57 |
Doctor | $204.2 | $116.17 |
Dentist | $85.35 | $99.13 |
Item | Copperas Cove | Texas |
---|---|---|
Gasoline | $1.89 | $2.22 |
Tire Balancing | $57.95 | $50.07 |
Item | Copperas Cove | Texas |
---|---|---|
All Electricity | $218.61 | $167.67 |
Phone | $184.73 | $175.64 |
The cost of living varies in the cities and towns around Copperas Cove. Here's a quick look at the cost of living in the most populous nearby places:
Killeen, TX has a cost of living index of 89, 1.0x Copperas Cove.
Round Rock, TX has a cost of living index of 100, 1.2x Copperas Cove.
Cedar Park, TX has a cost of living index of 101, 1.2x Copperas Cove.
City | Population | Cost Of Living | Vs. Copperas Cove |
---|---|---|---|
Killeen, TX | 150,082 | 89 | 1.0x |
Round Rock, TX | 117,735 | 100 | 1.2x |
Cedar Park, TX | 74,741 | 101 | 1.2x |
Georgetown, TX | 66,514 | 100 | 1.2x |
Pflugerville, TX | 64,007 | 96 | 1.1x |
Leander, TX | 57,696 | 99 | 1.2x |
Harker Heights, TX | 32,320 | 92 | 1.1x |
Hutto, TX | 26,971 | 95 | 1.1x |
Fort Hood, TX | 24,781 | 85 | 1.0x |
Brushy Creek, TX | 22,972 | 103 | 1.2x |