Spring, TX Cost Of Living
Cost Of Living In Spring, TX Summary
Cost of living in Spring 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 Spring 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 Spring is 93, with 100 being the average.
The cost of living index in Spring is 0.9x lower than the national average.
Spring ranks as the #251 cheapest in Texas out of 405.
Spring ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Spring is $169,700.
The median income in Spring is $78,122.
Table Of Contents
Spring's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Spring, TX?
According to the most recent data on the cost of living, Spring has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Texas, Spring has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Spring ranks as #251 most affordable out of the 405 places we measured in Texas. By definition, that implies Spring ranks as the #154 most expensive place in the Lone Star State.
For more reading on life in Spring, check out:
- Living In Spring
- Search Homes For Sale In Spring, TX
In Texas
In America
Spring Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Spring. Here is how it fairs on each of the criteria:
The Services index in Spring is 99.
The Groceries index in Spring is 91.
The Health index in Spring is 107.
The Housing index in Spring is 87.
The Transportation index in Spring is 85.
The Utilities index in Spring is 95.
| Living Expense | Spring | Texas | National Average | |
|---|---|---|---|---|
| Overall | 93 | 92 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 91 | 93 | 100 | |
| Health | 107 | 93 | 100 | |
| Housing | 87 | 84 | 100 | |
| Transportation | 85 | 92 | 100 | |
| Utilities | 95 | 104 | 100 | |
Spring, 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 Spring is $169,700.
The Median Rent in Spring is $1,540.
The Median Income in Spring is $78,122.
The Home Value To Income in Spring is 2.2x.
The Rent To Monthly Income in Spring is 0.24x.
| Statistic | Spring | Texas | United States |
|---|---|---|---|
| Median Home Value | $169,700 | $202,600 | $244,900 |
| Median Rent | $1,540 | $1,146 | $1,163 |
| Median Income | $78,122 | $67,321 | $69,021 |
| Home Value To Income | 2.2x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Spring, TX Costs By Category
Detailed Spring Services Costs Vs. Texas
Detailed Spring Groceries Costs Vs. Texas
Detailed Spring Health Costs Vs. Texas
Detailed Spring Transportation Costs Vs. Texas
Detailed Spring Utilities Costs Vs. Texas
Spring SnackAbility
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Cost Of Living In Cities Around Spring
The cost of living varies in the cities and towns around Spring. Here's a quick look at the cost of living in the most populous nearby places:
Phoenixville, PA has a cost of living index of 113, 1.2x Spring.
Ardmore, PA has a cost of living index of 126, 1.4x Spring.
Montgomeryville, PA has a cost of living index of 126, 1.4x Spring.
| City | Population | Cost Of Living | Vs. Spring |
|---|---|---|---|
| Phoenixville, PA | 18,437 | 113 | 1.2x |
| Ardmore, PA | 14,391 | 126 | 1.4x |
| Montgomeryville, PA | 12,988 | 126 | 1.4x |
| Conshohocken, PA | 9,104 | 124 | 1.3x |
| Audubon, PA | 8,883 | 131 | 1.4x |
| Sanatoga, PA | 8,724 | 101 | 1.1x |
| Maple Glen, PA | 7,255 | 137 | 1.5x |
| Blue Bell, PA | 6,421 | 139 | 1.5x |
| Penn Wynne, PA | 6,226 | 130 | 1.4x |
| Oreland, PA | 6,111 | 120 | 1.3x |
