Cost of living in Jersey Village 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 Jersey Village 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 Jersey Village is 105, with 100 being the average.
The cost of living index in Jersey Village is 1.1x higher than the national average.
Jersey Village ranks as the #346 cheapest in Texas out of 405.
Jersey Village ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Jersey Village is $299,400.
The median income in Jersey Village is $83,877.
According to the most recent data on the cost of living, Jersey Village has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Texas, Jersey Village has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Jersey Village ranks as #346 most affordable out of the 405 places we measured in Texas. By definition, that implies Jersey Village ranks as the #59 most expensive place in the Lone Star State.
For more reading on life in Jersey Village, check out:
Six factors go into calculating the cost of living index in Jersey Village. Here is how it fairs on each of the criteria:
The Services index in Jersey Village is 99.
The Groceries index in Jersey Village is 91.
The Health index in Jersey Village is 100.
The Housing index in Jersey Village is 115.
The Transportation index in Jersey Village is 94.
The Utilities index in Jersey Village is 109.
Living Expense | Jersey Village | Texas | National Average | |
---|---|---|---|---|
Overall | 105 | 92 | 100 | |
Services | 99 | 96 | 100 | |
Groceries | 91 | 93 | 100 | |
Health | 100 | 93 | 100 | |
Housing | 115 | 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 Jersey Village is $299,400.
The Median Rent in Jersey Village is $1,199.
The Median Income in Jersey Village is $83,877.
The Home Value To Income in Jersey Village is 3.6x.
The Rent To Monthly Income in Jersey Village is 0.17x.
Statistic | Jersey Village | Texas | United States |
---|---|---|---|
Median Home Value | $299,400 | $202,600 | $244,900 |
Median Rent | $1,199 | $1,146 | $1,163 |
Median Income | $83,877 | $67,321 | $69,021 |
Home Value To Income | 3.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
Item | Jersey Village | Texas |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $9.78 | $10.68 |
Bowling | $20.8 | $14.67 |
Haircut | $19.27 | $18.62 |
Beauty Salon | $61.37 | $39.05 |
Item | Jersey Village | Texas |
---|---|---|
Ground Beef | $4.05 | $4.22 |
Fried Chicken | $1.13 | $1.39 |
Milk | $1.58 | $2.05 |
Potatoes | $2.87 | $3.29 |
Pizza | $9.65 | $10.62 |
Beer | $9.84 | $9.38 |
Toothpaste | $2.25 | $2.34 |
Item | Jersey Village | Texas |
---|---|---|
Optometrist | $119.84 | $108.57 |
Doctor | $88.11 | $116.17 |
Dentist | $111.03 | $99.13 |
Item | Jersey Village | Texas |
---|---|---|
Gasoline | $1.92 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Jersey Village | Texas |
---|---|---|
All Electricity | $199.99 | $167.67 |
Phone | $183.98 | $175.64 |