Cost of living in Keller 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 Keller 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 Keller is 117, with 100 being the average.
The cost of living index in Keller is 1.2x higher than the national average.
Keller ranks as the #378 cheapest in Texas out of 405.
Keller ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Keller is $425,100.
The median income in Keller is $149,822.
According to the most recent data on the cost of living, Keller has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Texas, Keller has a cost of living index that's 1.3x higher than Texas's index of 92.
The standard of living in Keller ranks as #378 most affordable out of the 405 places we measured in Texas. By definition, that implies Keller ranks as the #27 most expensive place in the Lone Star State.
For more reading on life in Keller, check out:
Six factors go into calculating the cost of living index in Keller. Here is how it fairs on each of the criteria:
The Services index in Keller is 102.
The Groceries index in Keller is 95.
The Health index in Keller is 98.
The Housing index in Keller is 156.
The Transportation index in Keller is 87.
The Utilities index in Keller is 107.
Living Expense | Keller | Texas | National Average | |
---|---|---|---|---|
Overall | 117 | 92 | 100 | |
Services | 102 | 96 | 100 | |
Groceries | 95 | 93 | 100 | |
Health | 98 | 93 | 100 | |
Housing | 156 | 84 | 100 | |
Transportation | 87 | 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 Keller is $425,100.
The Median Rent in Keller is $1,760.
The Median Income in Keller is $149,822.
The Home Value To Income in Keller is 2.8x.
The Rent To Monthly Income in Keller is 0.14x.
Statistic | Keller | Texas | United States |
---|---|---|---|
Median Home Value | $425,100 | $202,600 | $244,900 |
Median Rent | $1,760 | $1,146 | $1,163 |
Median Income | $149,822 | $67,321 | $69,021 |
Home Value To Income | 2.8x | 3.0x | 3.5x |
Rent To Monthly Income | 0.14x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Keller. Here's a quick look at the cost of living in the most populous nearby places:
Carrollton, TX has a cost of living index of 105, 0.9x Keller.
Lewisville, TX has a cost of living index of 100, 0.9x Keller.
Flower Mound, TX has a cost of living index of 117, 1.0x Keller.
City | Population | Cost Of Living | Vs. Keller |
---|---|---|---|
Carrollton, TX | 131,388 | 105 | 0.9x |
Lewisville, TX | 110,077 | 100 | 0.9x |
Flower Mound, TX | 75,050 | 117 | 1.0x |
North Richland Hills, TX | 69,817 | 99 | 0.8x |
Grapevine, TX | 50,548 | 109 | 0.9x |
Bedford, TX | 49,576 | 97 | 0.8x |
Coppell, TX | 42,420 | 121 | 1.0x |
Hurst, TX | 40,114 | 94 | 0.8x |
Southlake, TX | 30,754 | 150 | 1.3x |
Colleyville, TX | 25,827 | 136 | 1.2x |