Galveston, TX Cost Of Living
Cost Of Living In Galveston, TX Summary
Cost of living in Galveston 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 Galveston 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 Galveston is 93, with 100 being the average.
The cost of living index in Galveston is 0.9x lower than the national average.
Galveston ranks as the #251 cheapest in Texas out of 405.
Galveston ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Galveston is $215,800.
The median income in Galveston is $52,899.
Table Of Contents
Galveston's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Galveston, TX?
According to the most recent data on the cost of living, Galveston has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Texas, Galveston has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Galveston ranks as #251 most affordable out of the 405 places we measured in Texas. By definition, that implies Galveston ranks as the #154 most expensive place in the Lone Star State.
For more reading on life in Galveston, check out:
- Living In Galveston
- Galveston Crime Report
- Search Homes For Sale In Galveston, TX
In Texas
In America
Galveston Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Galveston. Here is how it fairs on each of the criteria:
The Services index in Galveston is 101.
The Groceries index in Galveston is 93.
The Health index in Galveston is 97.
The Housing index in Galveston is 85.
The Transportation index in Galveston is 94.
The Utilities index in Galveston is 111.
| Living Expense | Galveston | Texas | National Average | |
|---|---|---|---|---|
| Overall | 93 | 92 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 93 | 93 | 100 | |
| Health | 97 | 93 | 100 | |
| Housing | 85 | 84 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 111 | 104 | 100 | |
Galveston, 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 Galveston is $215,800.
The Median Rent in Galveston is $1,079.
The Median Income in Galveston is $52,899.
The Home Value To Income in Galveston is 4.1x.
The Rent To Monthly Income in Galveston is 0.24x.
| Statistic | Galveston | Texas | United States |
|---|---|---|---|
| Median Home Value | $215,800 | $202,600 | $244,900 |
| Median Rent | $1,079 | $1,146 | $1,163 |
| Median Income | $52,899 | $67,321 | $69,021 |
| Home Value To Income | 4.1x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Galveston, TX Costs By Category
Detailed Galveston Services Costs Vs. Texas
Detailed Galveston Groceries Costs Vs. Texas
Detailed Galveston Health Costs Vs. Texas
Detailed Galveston Transportation Costs Vs. Texas
Detailed Galveston Utilities Costs Vs. Texas
Galveston SnackAbility
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Cost Of Living In Cities Around Galveston
The cost of living varies in the cities and towns around Galveston. Here's a quick look at the cost of living in the most populous nearby places:
Pearland, TX has a cost of living index of 102, 1.1x Galveston.
Sugar Land, TX has a cost of living index of 117, 1.3x Galveston.
Friendswood, TX has a cost of living index of 109, 1.2x Galveston.
| City | Population | Cost Of Living | Vs. Galveston |
|---|---|---|---|
| Pearland, TX | 122,609 | 102 | 1.1x |
| Sugar Land, TX | 110,272 | 117 | 1.3x |
| Friendswood, TX | 40,780 | 109 | 1.2x |
| Deer Park, TX | 34,240 | 97 | 1.0x |
| Lake Jackson, TX | 28,008 | 96 | 1.0x |
| Fresno, TX | 23,921 | 96 | 1.0x |
| Dickinson, TX | 21,336 | 92 | 1.0x |
| La Marque, TX | 18,065 | 88 | 0.9x |
| Bellaire, TX | 17,262 | 173 | 1.9x |
| West University Place, TX | 14,975 | 195 | 2.1x |
