Cost of living in Hutto 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 Hutto 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 Hutto is 95, with 100 being the average.
The cost of living index in Hutto is 0.9x lower than the national average.
Hutto ranks as the #269 cheapest in Texas out of 405.
Hutto ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Hutto is $226,900.
The median income in Hutto is $94,807.
According to the most recent data on the cost of living, Hutto has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Texas, Hutto has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Hutto ranks as #269 most affordable out of the 405 places we measured in Texas. By definition, that implies Hutto ranks as the #136 most expensive place in the Lone Star State.
For more reading on life in Hutto, check out:
Six factors go into calculating the cost of living index in Hutto. Here is how it fairs on each of the criteria:
The Services index in Hutto is 96.
The Groceries index in Hutto is 87.
The Health index in Hutto is 95.
The Housing index in Hutto is 102.
The Transportation index in Hutto is 86.
The Utilities index in Hutto is 107.
Living Expense | Hutto | Texas | National Average | |
---|---|---|---|---|
Overall | 95 | 92 | 100 | |
Services | 96 | 96 | 100 | |
Groceries | 87 | 93 | 100 | |
Health | 95 | 93 | 100 | |
Housing | 102 | 84 | 100 | |
Transportation | 86 | 92 | 100 | |
Utilities | 107 | 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 Hutto is $226,900.
The Median Rent in Hutto is $1,867.
The Median Income in Hutto is $94,807.
The Home Value To Income in Hutto is 2.4x.
The Rent To Monthly Income in Hutto is 0.24x.
Statistic | Hutto | Texas | United States |
---|---|---|---|
Median Home Value | $226,900 | $202,600 | $244,900 |
Median Rent | $1,867 | $1,146 | $1,163 |
Median Income | $94,807 | $67,321 | $69,021 |
Home Value To Income | 2.4x | 3.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Hutto. Here's a quick look at the cost of living in the most populous nearby places:
Round Rock, TX has a cost of living index of 100, 1.1x Hutto.
Cedar Park, TX has a cost of living index of 101, 1.1x Hutto.
Georgetown, TX has a cost of living index of 100, 1.1x Hutto.
City | Population | Cost Of Living | Vs. Hutto |
---|---|---|---|
Round Rock, TX | 117,735 | 100 | 1.1x |
Cedar Park, TX | 74,741 | 101 | 1.1x |
Georgetown, TX | 66,514 | 100 | 1.1x |
Pflugerville, TX | 64,007 | 96 | 1.0x |
Leander, TX | 57,696 | 99 | 1.0x |
Brushy Creek, TX | 22,972 | 103 | 1.1x |
Taylor, TX | 16,154 | 85 | 0.9x |
Manor, TX | 13,928 | 98 | 1.0x |
Wells Branch, TX | 13,837 | 94 | 1.0x |