Cost of living in Hitchcock 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 Hitchcock 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 Hitchcock is 87, with 100 being the average.
The cost of living index in Hitchcock is 0.9x lower than the national average.
Hitchcock ranks as the #165 cheapest in Texas out of 405.
Hitchcock ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Hitchcock is $140,500.
The median income in Hitchcock is $62,851.
According to the most recent data on the cost of living, Hitchcock has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Texas, Hitchcock has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Hitchcock ranks as #165 most affordable out of the 405 places we measured in Texas. By definition, that implies Hitchcock ranks as the #240 most expensive place in the Lone Star State.
For more reading on life in Hitchcock, check out:
Six factors go into calculating the cost of living index in Hitchcock. Here is how it fairs on each of the criteria:
The Services index in Hitchcock is 99.
The Groceries index in Hitchcock is 91.
The Health index in Hitchcock is 100.
The Housing index in Hitchcock is 58.
The Transportation index in Hitchcock is 94.
The Utilities index in Hitchcock is 109.
Living Expense | Hitchcock | Texas | National Average | |
---|---|---|---|---|
Overall | 87 | 92 | 100 | |
Services | 99 | 96 | 100 | |
Groceries | 91 | 93 | 100 | |
Health | 100 | 93 | 100 | |
Housing | 58 | 84 | 100 | |
Transportation | 94 | 92 | 100 | |
Utilities | 109 | 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 Hitchcock is $140,500.
The Median Rent in Hitchcock is $997.
The Median Income in Hitchcock is $62,851.
The Home Value To Income in Hitchcock is 2.2x.
The Rent To Monthly Income in Hitchcock is 0.19x.
Statistic | Hitchcock | Texas | United States |
---|---|---|---|
Median Home Value | $140,500 | $202,600 | $244,900 |
Median Rent | $997 | $1,146 | $1,163 |
Median Income | $62,851 | $67,321 | $69,021 |
Home Value To Income | 2.2x | 3.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Hitchcock. Here's a quick look at the cost of living in the most populous nearby places:
Galveston, TX has a cost of living index of 93, 1.1x Hitchcock.
Friendswood, TX has a cost of living index of 109, 1.3x Hitchcock.
Alvin, TX has a cost of living index of 91, 1.0x Hitchcock.
City | Population | Cost Of Living | Vs. Hitchcock |
---|---|---|---|
Galveston, TX | 53,092 | 93 | 1.1x |
Friendswood, TX | 40,780 | 109 | 1.3x |
Alvin, TX | 26,982 | 91 | 1.0x |
Dickinson, TX | 21,336 | 92 | 1.1x |
La Marque, TX | 18,065 | 88 | 1.0x |
Santa Fe, TX | 12,782 | 97 | 1.1x |
Webster, TX | 12,280 | 98 | 1.1x |
San Leon, TX | 5,144 | 89 | 1.0x |