Cost of living in Liberty 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 Liberty 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 Liberty is 86, with 100 being the average.
The cost of living index in Liberty is 0.9x lower than the national average.
Liberty ranks as the #149 cheapest in Texas out of 405.
Liberty ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Liberty is $137,900.
The median income in Liberty is $53,734.
According to the most recent data on the cost of living, Liberty has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Texas, Liberty has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Liberty ranks as #149 most affordable out of the 405 places we measured in Texas. By definition, that implies Liberty ranks as the #256 most expensive place in the Lone Star State.
For more reading on life in Liberty, check out:
Six factors go into calculating the cost of living index in Liberty. Here is how it fairs on each of the criteria:
The Services index in Liberty is 98.
The Groceries index in Liberty is 96.
The Health index in Liberty is 96.
The Housing index in Liberty is 65.
The Transportation index in Liberty is 98.
The Utilities index in Liberty is 100.
Living Expense | Liberty | Texas | National Average | |
---|---|---|---|---|
Overall | 86 | 92 | 100 | |
Services | 98 | 96 | 100 | |
Groceries | 96 | 93 | 100 | |
Health | 96 | 93 | 100 | |
Housing | 65 | 84 | 100 | |
Transportation | 98 | 92 | 100 | |
Utilities | 100 | 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 Liberty is $137,900.
The Median Rent in Liberty is $884.
The Median Income in Liberty is $53,734.
The Home Value To Income in Liberty is 2.6x.
The Rent To Monthly Income in Liberty is 0.2x.
Statistic | Liberty | Texas | United States |
---|---|---|---|
Median Home Value | $137,900 | $202,600 | $244,900 |
Median Rent | $884 | $1,146 | $1,163 |
Median Income | $53,734 | $67,321 | $69,021 |
Home Value To Income | 2.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Liberty. Here's a quick look at the cost of living in the most populous nearby places:
Pearland, TX has a cost of living index of 102, 1.2x Liberty.
The Woodlands, TX has a cost of living index of 117, 1.4x Liberty.
Atascocita, TX has a cost of living index of 102, 1.2x Liberty.
City | Population | Cost Of Living | Vs. Liberty |
---|---|---|---|
Pearland, TX | 122,609 | 102 | 1.2x |
The Woodlands, TX | 115,716 | 117 | 1.4x |
Atascocita, TX | 84,222 | 102 | 1.2x |
Friendswood, TX | 40,780 | 109 | 1.3x |
Deer Park, TX | 34,240 | 97 | 1.1x |
Nederland, TX | 18,502 | 90 | 1.0x |
Bellaire, TX | 17,262 | 173 | 2.0x |
West University Place, TX | 14,975 | 195 | 2.3x |
Port Neches, TX | 13,534 | 93 | 1.1x |
Galena Park, TX | 10,770 | 84 | 1.0x |