Cost of living in Heath 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 Heath 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 Heath is 141, with 100 being the average.
The cost of living index in Heath is 1.4x higher than the national average.
Heath ranks as the #398 cheapest in Texas out of 405.
Heath ranks as the #5,616 cheapest out of 6,412 in the US.
The median home value in Heath is $543,400.
The median income in Heath is $193,767.
According to the most recent data on the cost of living, Heath has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to Texas, Heath has a cost of living index that's 1.5x higher than Texas's index of 92.
The standard of living in Heath ranks as #398 most affordable out of the 405 places we measured in Texas. By definition, that implies Heath ranks as the #7 most expensive place in the Lone Star State.
For more reading on life in Heath, check out:
Six factors go into calculating the cost of living index in Heath. Here is how it fairs on each of the criteria:
The Services index in Heath is 110.
The Groceries index in Heath is 97.
The Health index in Heath is 75.
The Housing index in Heath is 222.
The Transportation index in Heath is 99.
The Utilities index in Heath is 111.
Living Expense | Heath | Texas | National Average | |
---|---|---|---|---|
Overall | 141 | 92 | 100 | |
Services | 110 | 96 | 100 | |
Groceries | 97 | 93 | 100 | |
Health | 75 | 93 | 100 | |
Housing | 222 | 84 | 100 | |
Transportation | 99 | 92 | 100 | |
Utilities | 111 | 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 Heath is $543,400.
The Median Rent in Heath is $2,083.
The Median Income in Heath is $193,767.
The Home Value To Income in Heath is 2.8x.
The Rent To Monthly Income in Heath is 0.13x.
Statistic | Heath | Texas | United States |
---|---|---|---|
Median Home Value | $543,400 | $202,600 | $244,900 |
Median Rent | $2,083 | $1,146 | $1,163 |
Median Income | $193,767 | $67,321 | $69,021 |
Home Value To Income | 2.8x | 3.0x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Heath. Here's a quick look at the cost of living in the most populous nearby places:
Garland, TX has a cost of living index of 97, 0.7x Heath.
Mesquite, TX has a cost of living index of 93, 0.7x Heath.
Richardson, TX has a cost of living index of 110, 0.8x Heath.
City | Population | Cost Of Living | Vs. Heath |
---|---|---|---|
Garland, TX | 245,075 | 97 | 0.7x |
Mesquite, TX | 149,848 | 93 | 0.7x |
Richardson, TX | 115,904 | 110 | 0.8x |
Rowlett, TX | 62,606 | 105 | 0.7x |
Rockwall, TX | 46,150 | 108 | 0.8x |
Sachse, TX | 26,797 | 106 | 0.8x |
University Park, TX | 25,029 | 214 | 1.5x |
Forney, TX | 22,770 | 103 | 0.7x |
Murphy, TX | 20,655 | 127 | 0.9x |
Seagoville, TX | 18,263 | 93 | 0.7x |