Cost of living in Keene 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 Keene 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 Keene is 91, with 100 being the average.
The cost of living index in Keene is 0.9x lower than the national average.
Keene ranks as the #226 cheapest in Texas out of 405.
Keene ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Keene is $162,600.
The median income in Keene is $46,497.
According to the most recent data on the cost of living, Keene has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Texas, Keene has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Keene ranks as #226 most affordable out of the 405 places we measured in Texas. By definition, that implies Keene ranks as the #179 most expensive place in the Lone Star State.
For more reading on life in Keene, check out:
Six factors go into calculating the cost of living index in Keene. Here is how it fairs on each of the criteria:
The Services index in Keene is 102.
The Groceries index in Keene is 96.
The Health index in Keene is 96.
The Housing index in Keene is 67.
The Transportation index in Keene is 86.
The Utilities index in Keene is 107.
Living Expense | Keene | Texas | National Average | |
---|---|---|---|---|
Overall | 91 | 92 | 100 | |
Services | 102 | 96 | 100 | |
Groceries | 96 | 93 | 100 | |
Health | 96 | 93 | 100 | |
Housing | 67 | 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 Keene is $162,600.
The Median Rent in Keene is $864.
The Median Income in Keene is $46,497.
The Home Value To Income in Keene is 3.5x.
The Rent To Monthly Income in Keene is 0.22x.
Statistic | Keene | Texas | United States |
---|---|---|---|
Median Home Value | $162,600 | $202,600 | $244,900 |
Median Rent | $864 | $1,146 | $1,163 |
Median Income | $46,497 | $67,321 | $69,021 |
Home Value To Income | 3.5x | 3.0x | 3.5x |
Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Keene. Here's a quick look at the cost of living in the most populous nearby places:
Mansfield, TX has a cost of living index of 102, 1.1x Keene.
Burleson, TX has a cost of living index of 98, 1.1x Keene.
Cleburne, TX has a cost of living index of 89, 1.0x Keene.
City | Population | Cost Of Living | Vs. Keene |
---|---|---|---|
Mansfield, TX | 71,375 | 102 | 1.1x |
Burleson, TX | 47,230 | 98 | 1.1x |
Cleburne, TX | 30,984 | 89 | 1.0x |
Crowley, TX | 17,977 | 95 | 1.0x |
Rendon, TX | 14,597 | 102 | 1.1x |
Forest Hill, TX | 13,797 | 90 | 1.0x |
Joshua, TX | 7,722 | 95 | 1.0x |