Taylor, TX Cost Of Living
Cost Of Living In Taylor, TX Summary
Cost of living in Taylor 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 Taylor 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 Taylor is 85, with 100 being the average.
The cost of living index in Taylor is 0.8x lower than the national average.
Taylor ranks as the #133 cheapest in Texas out of 405.
Taylor ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Taylor is $185,700.
The median income in Taylor is $60,629.
Table Of Contents
Taylor's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Taylor, TX?
According to the most recent data on the cost of living, Taylor has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Texas, Taylor has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Taylor ranks as #133 most affordable out of the 405 places we measured in Texas. By definition, that implies Taylor ranks as the #272 most expensive place in the Lone Star State.
For more reading on life in Taylor, check out:
- Living In Taylor
- Taylor Crime Report
- Search Homes For Sale In Taylor, TX
In Texas
In America
Taylor Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Taylor. Here is how it fairs on each of the criteria:
The Services index in Taylor is 95.
The Groceries index in Taylor is 85.
The Health index in Taylor is 94.
The Housing index in Taylor is 70.
The Transportation index in Taylor is 83.
The Utilities index in Taylor is 110.
| Living Expense | Taylor | Texas | National Average | |
|---|---|---|---|---|
| Overall | 85 | 92 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 85 | 93 | 100 | |
| Health | 94 | 93 | 100 | |
| Housing | 70 | 84 | 100 | |
| Transportation | 83 | 92 | 100 | |
| Utilities | 110 | 104 | 100 | |
Taylor, 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 Taylor is $185,700.
The Median Rent in Taylor is $939.
The Median Income in Taylor is $60,629.
The Home Value To Income in Taylor is 3.1x.
The Rent To Monthly Income in Taylor is 0.19x.
| Statistic | Taylor | Texas | United States |
|---|---|---|---|
| Median Home Value | $185,700 | $202,600 | $244,900 |
| Median Rent | $939 | $1,146 | $1,163 |
| Median Income | $60,629 | $67,321 | $69,021 |
| Home Value To Income | 3.1x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Taylor, TX Costs By Category
Detailed Taylor Services Costs Vs. Texas
Detailed Taylor Groceries Costs Vs. Texas
Detailed Taylor Health Costs Vs. Texas
Detailed Taylor Transportation Costs Vs. Texas
Detailed Taylor Utilities Costs Vs. Texas
Taylor SnackAbility
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Cost Of Living In Cities Around Taylor
The cost of living varies in the cities and towns around Taylor. 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, 1.2x Taylor.
Georgetown, TX has a cost of living index of 100, 1.2x Taylor.
Pflugerville, TX has a cost of living index of 96, 1.1x Taylor.
| City | Population | Cost Of Living | Vs. Taylor |
|---|---|---|---|
| Round Rock, TX | 117,735 | 100 | 1.2x |
| Georgetown, TX | 66,514 | 100 | 1.2x |
| Pflugerville, TX | 64,007 | 96 | 1.1x |
| Hutto, TX | 26,971 | 95 | 1.1x |
| Brushy Creek, TX | 22,972 | 103 | 1.2x |
| Wells Branch, TX | 13,837 | 94 | 1.1x |
| Elgin, TX | 9,488 | 88 | 1.0x |
