McGregor, TX Cost Of Living
Cost Of Living In McGregor, TX Summary
Cost of living in McGregor 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 McGregor 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 McGregor is 82, with 100 being the average.
The cost of living index in McGregor is 0.8x lower than the national average.
McGregor ranks as the #76 cheapest in Texas out of 405.
McGregor ranks as the #377 cheapest out of 6,412 in the US.
The median home value in McGregor is $140,900.
The median income in McGregor is $53,663.
Table Of Contents
McGregor's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in McGregor, TX?
According to the most recent data on the cost of living, McGregor has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Texas, McGregor has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in McGregor ranks as #76 most affordable out of the 405 places we measured in Texas. By definition, that implies McGregor ranks as the #329 most expensive place in the Lone Star State.
For more reading on life in McGregor, check out:
- Living In McGregor
- McGregor Crime Report
- Search Homes For Sale In Mcgregor, TX
In Texas
In America
McGregor Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in McGregor. Here is how it fairs on each of the criteria:
The Services index in McGregor is 101.
The Groceries index in McGregor is 79.
The Health index in McGregor is 93.
The Housing index in McGregor is 56.
The Transportation index in McGregor is 93.
The Utilities index in McGregor is 104.
| Living Expense | McGregor | Texas | National Average | |
|---|---|---|---|---|
| Overall | 82 | 92 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 79 | 93 | 100 | |
| Health | 93 | 93 | 100 | |
| Housing | 56 | 84 | 100 | |
| Transportation | 93 | 92 | 100 | |
| Utilities | 104 | 104 | 100 | |
McGregor, 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 McGregor is $140,900.
The Median Rent in McGregor is $949.
The Median Income in McGregor is $53,663.
The Home Value To Income in McGregor is 2.6x.
The Rent To Monthly Income in McGregor is 0.21x.
| Statistic | McGregor | Texas | United States |
|---|---|---|---|
| Median Home Value | $140,900 | $202,600 | $244,900 |
| Median Rent | $949 | $1,146 | $1,163 |
| Median Income | $53,663 | $67,321 | $69,021 |
| Home Value To Income | 2.6x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
McGregor, TX Costs By Category
Detailed McGregor Services Costs Vs. Texas
Detailed McGregor Groceries Costs Vs. Texas
Detailed McGregor Health Costs Vs. Texas
Detailed McGregor Transportation Costs Vs. Texas
Detailed McGregor Utilities Costs Vs. Texas
Mcgregor SnackAbility
/10
Cost Of Living In Cities Around McGregor
The cost of living varies in the cities and towns around McGregor. 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 McGregor.
Waco, TX has a cost of living index of 86, 1.0x McGregor.
Temple, TX has a cost of living index of 90, 1.1x McGregor.
| City | Population | Cost Of Living | Vs. McGregor |
|---|---|---|---|
| Killeen, TX | 150,082 | 89 | 1.1x |
| Waco, TX | 136,800 | 86 | 1.0x |
| Temple, TX | 80,793 | 90 | 1.1x |
| Copperas Cove, TX | 35,452 | 85 | 1.0x |
| Harker Heights, TX | 32,320 | 92 | 1.1x |
| Fort Hood, TX | 24,781 | 85 | 1.0x |
| Belton, TX | 22,866 | 88 | 1.1x |
| Gatesville, TX | 15,997 | 83 | 1.0x |
| Hewitt, TX | 15,707 | 93 | 1.1x |
| Robinson, TX | 12,336 | 94 | 1.1x |
