Cost of living in West University Place 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 West University Place 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 West University Place is 195, with 100 being the average.
The cost of living index in West University Place is 1.9x higher than the national average.
West University Place ranks as the #403 cheapest in Texas out of 405.
West University Place ranks as the #6,298 cheapest out of 6,412 in the US.
The median home value in West University Place is $1,192,200.
The median income in West University Place is $250,001.
According to the most recent data on the cost of living, West University Place has an overall cost of living index of 195, which is 1.9x higher than the national index of 100.
Compared to Texas, West University Place has a cost of living index that's 2.1x higher than Texas's index of 92.
The standard of living in West University Place ranks as #403 most affordable out of the 405 places we measured in Texas. By definition, that implies West University Place ranks as the #2 most expensive place in the Lone Star State.
For more reading on life in West University Place, check out:
Six factors go into calculating the cost of living index in West University Place. Here is how it fairs on each of the criteria:
The Services index in West University Place is 100.
The Groceries index in West University Place is 93.
The Health index in West University Place is 100.
The Housing index in West University Place is 414.
The Transportation index in West University Place is 95.
The Utilities index in West University Place is 111.
Living Expense | West University Place | Texas | National Average | |
---|---|---|---|---|
Overall | 195 | 92 | 100 | |
Services | 100 | 96 | 100 | |
Groceries | 93 | 93 | 100 | |
Health | 100 | 93 | 100 | |
Housing | 414 | 84 | 100 | |
Transportation | 95 | 92 | 100 | |
Utilities | 111 | 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 West University Place is $1,192,200.
The Median Rent in West University Place is $3,330.
The Median Income in West University Place is $250,001.
The Home Value To Income in West University Place is 4.8x.
The Rent To Monthly Income in West University Place is 0.16x.
Statistic | West University Place | Texas | United States |
---|---|---|---|
Median Home Value | $1,192,200 | $202,600 | $244,900 |
Median Rent | $3,330 | $1,146 | $1,163 |
Median Income | $250,001 | $67,321 | $69,021 |
Home Value To Income | 4.8x | 3.0x | 3.5x |
Rent To Monthly Income | 0.16x | 0.2x | 0.2x |
Item | West University Place | Texas |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $9.78 | $10.68 |
Bowling | $20.8 | $14.67 |
Haircut | $19.27 | $18.62 |
Beauty Salon | $61.37 | $39.05 |
Item | West University Place | Texas |
---|---|---|
Ground Beef | $4.05 | $4.22 |
Fried Chicken | $1.13 | $1.39 |
Milk | $1.58 | $2.05 |
Potatoes | $2.87 | $3.29 |
Pizza | $9.65 | $10.62 |
Beer | $9.84 | $9.38 |
Toothpaste | $2.25 | $2.34 |
Item | West University Place | Texas |
---|---|---|
Optometrist | $119.84 | $108.57 |
Doctor | $88.11 | $116.17 |
Dentist | $111.03 | $99.13 |
Item | West University Place | Texas |
---|---|---|
Gasoline | $1.92 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | West University Place | Texas |
---|---|---|
All Electricity | $199.99 | $167.67 |
Phone | $183.98 | $175.64 |
The cost of living varies in the cities and towns around West University Place. Here's a quick look at the cost of living in the most populous nearby places:
Houston, TX has a cost of living index of 95, 0.5x West University Place.
Sugar Land, TX has a cost of living index of 117, 0.6x West University Place.
Friendswood, TX has a cost of living index of 109, 0.6x West University Place.
City | Population | Cost Of Living | Vs. West University Place |
---|---|---|---|
Houston, TX | 2,293,288 | 95 | 0.5x |
Sugar Land, TX | 110,272 | 117 | 0.6x |
Friendswood, TX | 40,780 | 109 | 0.6x |
Mission Bend, TX | 38,772 | 97 | 0.5x |
Deer Park, TX | 34,240 | 97 | 0.5x |
Cinco Ranch, TX | 18,399 | 119 | 0.6x |
Bellaire, TX | 17,262 | 173 | 0.9x |
Stafford, TX | 17,170 | 98 | 0.5x |
Four Corners, TX | 11,133 | 101 | 0.5x |