Cost of living in Lampasas 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 Lampasas 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 Lampasas is 80, with 100 being the average.
The cost of living index in Lampasas is 0.8x lower than the national average.
Lampasas ranks as the #56 cheapest in Texas out of 405.
Lampasas ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Lampasas is $144,700.
The median income in Lampasas is $56,000.
According to the most recent data on the cost of living, Lampasas has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Texas, Lampasas has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Lampasas ranks as #56 most affordable out of the 405 places we measured in Texas. By definition, that implies Lampasas ranks as the #349 most expensive place in the Lone Star State.
For more reading on life in Lampasas, check out:
Six factors go into calculating the cost of living index in Lampasas. Here is how it fairs on each of the criteria:
The Services index in Lampasas is 92.
The Groceries index in Lampasas is 83.
The Health index in Lampasas is 93.
The Housing index in Lampasas is 59.
The Transportation index in Lampasas is 84.
The Utilities index in Lampasas is 109.
Living Expense | Lampasas | Texas | National Average | |
---|---|---|---|---|
Overall | 80 | 92 | 100 | |
Services | 92 | 96 | 100 | |
Groceries | 83 | 93 | 100 | |
Health | 93 | 93 | 100 | |
Housing | 59 | 84 | 100 | |
Transportation | 84 | 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 Lampasas is $144,700.
The Median Rent in Lampasas is $777.
The Median Income in Lampasas is $56,000.
The Home Value To Income in Lampasas is 2.6x.
The Rent To Monthly Income in Lampasas is 0.17x.
Statistic | Lampasas | Texas | United States |
---|---|---|---|
Median Home Value | $144,700 | $202,600 | $244,900 |
Median Rent | $777 | $1,146 | $1,163 |
Median Income | $56,000 | $67,321 | $69,021 |
Home Value To Income | 2.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Lampasas. Here's a quick look at the cost of living in the most populous nearby places:
Killeen, TX has a cost of living index of 89, 1.1x Lampasas.
Round Rock, TX has a cost of living index of 100, 1.2x Lampasas.
Temple, TX has a cost of living index of 90, 1.1x Lampasas.
City | Population | Cost Of Living | Vs. Lampasas |
---|---|---|---|
Killeen, TX | 150,082 | 89 | 1.1x |
Round Rock, TX | 117,735 | 100 | 1.2x |
Temple, TX | 80,793 | 90 | 1.1x |
Cedar Park, TX | 74,741 | 101 | 1.3x |
Georgetown, TX | 66,514 | 100 | 1.2x |
Leander, TX | 57,696 | 99 | 1.2x |
Copperas Cove, TX | 35,452 | 85 | 1.1x |
Harker Heights, TX | 32,320 | 92 | 1.1x |
Fort Hood, TX | 24,781 | 85 | 1.1x |
Brushy Creek, TX | 22,972 | 103 | 1.3x |