Groves, TX Cost Of Living
Cost Of Living In Groves, TX Summary
Cost of living in Groves 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 Groves 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 Groves is 85, with 100 being the average.
The cost of living index in Groves is 0.8x lower than the national average.
Groves ranks as the #133 cheapest in Texas out of 405.
Groves ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Groves is $126,600.
The median income in Groves is $60,880.
Table Of Contents
Groves's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Groves, TX?
According to the most recent data on the cost of living, Groves has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Texas, Groves has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Groves ranks as #133 most affordable out of the 405 places we measured in Texas. By definition, that implies Groves ranks as the #272 most expensive place in the Lone Star State.
For more reading on life in Groves, check out:
- Living In Groves
- Groves Crime Report
- Search Homes For Sale In Groves, TX
In Texas
In America
Groves Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Groves. Here is how it fairs on each of the criteria:
The Services index in Groves is 96.
The Groceries index in Groves is 93.
The Health index in Groves is 95.
The Housing index in Groves is 63.
The Transportation index in Groves is 97.
The Utilities index in Groves is 99.
| Living Expense | Groves | Texas | National Average | |
|---|---|---|---|---|
| Overall | 85 | 92 | 100 | |
| Services | 96 | 96 | 100 | |
| Groceries | 93 | 93 | 100 | |
| Health | 95 | 93 | 100 | |
| Housing | 63 | 84 | 100 | |
| Transportation | 97 | 92 | 100 | |
| Utilities | 99 | 104 | 100 | |
Groves, 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 Groves is $126,600.
The Median Rent in Groves is $1,054.
The Median Income in Groves is $60,880.
The Home Value To Income in Groves is 2.1x.
The Rent To Monthly Income in Groves is 0.21x.
| Statistic | Groves | Texas | United States |
|---|---|---|---|
| Median Home Value | $126,600 | $202,600 | $244,900 |
| Median Rent | $1,054 | $1,146 | $1,163 |
| Median Income | $60,880 | $67,321 | $69,021 |
| Home Value To Income | 2.1x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Groves, TX Costs By Category
Detailed Groves Services Costs Vs. Texas
Detailed Groves Groceries Costs Vs. Texas
Detailed Groves Health Costs Vs. Texas
Detailed Groves Transportation Costs Vs. Texas
Detailed Groves Utilities Costs Vs. Texas
Groves SnackAbility
/10
Cost Of Living In Cities Around Groves
The cost of living varies in the cities and towns around Groves. Here's a quick look at the cost of living in the most populous nearby places:
Beaumont, TX has a cost of living index of 84, 1.0x Groves.
Port Arthur, TX has a cost of living index of 82, 1.0x Groves.
Orange, TX has a cost of living index of 87, 1.0x Groves.
| City | Population | Cost Of Living | Vs. Groves |
|---|---|---|---|
| Beaumont, TX | 115,013 | 84 | 1.0x |
| Port Arthur, TX | 55,757 | 82 | 1.0x |
| Orange, TX | 19,329 | 87 | 1.0x |
| Nederland, TX | 18,502 | 90 | 1.1x |
| Port Neches, TX | 13,534 | 93 | 1.1x |
| Vidor, TX | 9,944 | 82 | 1.0x |
