Lockhart, TX Cost Of Living
Cost Of Living In Lockhart, TX Summary
Cost of living in Lockhart 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 Lockhart 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 Lockhart is 90, with 100 being the average.
The cost of living index in Lockhart is 0.9x lower than the national average.
Lockhart ranks as the #209 cheapest in Texas out of 405.
Lockhart ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Lockhart is $171,300.
The median income in Lockhart is $64,633.
Table Of Contents
Lockhart's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Lockhart, TX?
According to the most recent data on the cost of living, Lockhart has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Texas, Lockhart has a cost of living index that's 1.0x lower than Texas's index of 92.
The standard of living in Lockhart ranks as #209 most affordable out of the 405 places we measured in Texas. By definition, that implies Lockhart ranks as the #196 most expensive place in the Lone Star State.
For more reading on life in Lockhart, check out:
- Living In Lockhart
- Lockhart Crime Report
- Search Homes For Sale In Lockhart, TX
In Texas
In America
Lockhart Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Lockhart. Here is how it fairs on each of the criteria:
The Services index in Lockhart is 103.
The Groceries index in Lockhart is 87.
The Health index in Lockhart is 99.
The Housing index in Lockhart is 74.
The Transportation index in Lockhart is 98.
The Utilities index in Lockhart is 96.
| Living Expense | Lockhart | Texas | National Average | |
|---|---|---|---|---|
| Overall | 90 | 92 | 100 | |
| Services | 103 | 96 | 100 | |
| Groceries | 87 | 93 | 100 | |
| Health | 99 | 93 | 100 | |
| Housing | 74 | 84 | 100 | |
| Transportation | 98 | 92 | 100 | |
| Utilities | 96 | 104 | 100 | |
Lockhart, TX Housing Cost Breakdown
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 Lockhart is $171,300.
The Median Rent in Lockhart is $1,051.
The Median Income in Lockhart is $64,633.
The Home Value To Income in Lockhart is 2.7x.
The Rent To Monthly Income in Lockhart is 0.2x.
| Statistic | Lockhart | Texas | United States |
|---|---|---|---|
| Median Home Value | $171,300 | $202,600 | $244,900 |
| Median Rent | $1,051 | $1,146 | $1,163 |
| Median Income | $64,633 | $67,321 | $69,021 |
| Home Value To Income | 2.7x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Lockhart, TX Costs By Category
Detailed Lockhart Services Costs Vs. Texas
Detailed Lockhart Groceries Costs Vs. Texas
Detailed Lockhart Health Costs Vs. Texas
Detailed Lockhart Transportation Costs Vs. Texas
Detailed Lockhart Utilities Costs Vs. Texas
Lockhart SnackAbility
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Cost Of Living In Cities Around Lockhart
The cost of living varies in the cities and towns around Lockhart. Here's a quick look at the cost of living in the most populous nearby places:
Round Rock, TX has a cost of living index of 100, 1.1x Lockhart.
Cedar Park, TX has a cost of living index of 101, 1.1x Lockhart.
San Marcos, TX has a cost of living index of 93, 1.0x Lockhart.
| City | Population | Cost Of Living | Vs. Lockhart |
|---|---|---|---|
| Round Rock, TX | 117,735 | 100 | 1.1x |
| Cedar Park, TX | 74,741 | 101 | 1.1x |
| San Marcos, TX | 64,812 | 93 | 1.0x |
| Pflugerville, TX | 64,007 | 96 | 1.1x |
| Leander, TX | 57,696 | 99 | 1.1x |
| Kyle, TX | 45,147 | 99 | 1.1x |
| Timberwood Park, TX | 33,506 | 113 | 1.3x |
| Cibolo, TX | 31,489 | 103 | 1.1x |
| Converse, TX | 27,361 | 92 | 1.0x |
| Hutto, TX | 26,971 | 95 | 1.1x |
