Wells Branch, TX Cost Of Living
Cost Of Living In Wells Branch, TX Summary
Cost of living in Wells Branch 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 Wells Branch 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 Wells Branch is 94, with 100 being the average.
The cost of living index in Wells Branch is 0.9x lower than the national average.
Wells Branch ranks as the #260 cheapest in Texas out of 405.
Wells Branch ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Wells Branch is $292,300.
The median income in Wells Branch is $58,583.
Table Of Contents
Wells Branch's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Wells Branch, TX?
According to the most recent data on the cost of living, Wells Branch has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Texas, Wells Branch has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Wells Branch ranks as #260 most affordable out of the 405 places we measured in Texas. By definition, that implies Wells Branch ranks as the #145 most expensive place in the Lone Star State.
For more reading on life in Wells Branch, check out:
- Living In Wells Branch
- Search Homes For Sale In Wells Branch, TX
In Texas
In America
Wells Branch Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Wells Branch. Here is how it fairs on each of the criteria:
The Services index in Wells Branch is 97.
The Groceries index in Wells Branch is 87.
The Health index in Wells Branch is 94.
The Housing index in Wells Branch is 103.
The Transportation index in Wells Branch is 86.
The Utilities index in Wells Branch is 109.
| Living Expense | Wells Branch | Texas | National Average | |
|---|---|---|---|---|
| Overall | 94 | 92 | 100 | |
| Services | 97 | 96 | 100 | |
| Groceries | 87 | 93 | 100 | |
| Health | 94 | 93 | 100 | |
| Housing | 103 | 84 | 100 | |
| Transportation | 86 | 92 | 100 | |
| Utilities | 109 | 104 | 100 | |
Wells Branch, 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 Wells Branch is $292,300.
The Median Rent in Wells Branch is $1,215.
The Median Income in Wells Branch is $58,583.
The Home Value To Income in Wells Branch is 5.0x.
The Rent To Monthly Income in Wells Branch is 0.25x.
| Statistic | Wells Branch | Texas | United States |
|---|---|---|---|
| Median Home Value | $292,300 | $202,600 | $244,900 |
| Median Rent | $1,215 | $1,146 | $1,163 |
| Median Income | $58,583 | $67,321 | $69,021 |
| Home Value To Income | 5.0x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Wells Branch, TX Costs By Category
Detailed Wells Branch Services Costs Vs. Texas
| Item | Wells Branch | Texas |
|---|---|---|
| Shampoo | $0.97 | $1.06 |
| Movie | $11.95 | $10.68 |
| Bowling | $16.89 | $14.67 |
| Haircut | $20.67 | $18.62 |
| Beauty Salon | $48.51 | $39.05 |
Detailed Wells Branch Groceries Costs Vs. Texas
| Item | Wells Branch | Texas |
|---|---|---|
| Ground Beef | $3.01 | $4.22 |
| Fried Chicken | $0.99 | $1.39 |
| Milk | $1.83 | $2.05 |
| Potatoes | $3.25 | $3.29 |
| Pizza | $11.95 | $10.62 |
| Beer | $8.55 | $9.38 |
| Toothpaste | $2.76 | $2.34 |
Detailed Wells Branch Health Costs Vs. Texas
| Item | Wells Branch | Texas |
|---|---|---|
| Optometrist | $118.71 | $108.57 |
| Doctor | $89.92 | $116.17 |
| Dentist | $99.79 | $99.13 |
Detailed Wells Branch Transportation Costs Vs. Texas
| Item | Wells Branch | Texas |
|---|---|---|
| Gasoline | $1.86 | $2.22 |
| Tire Balancing | $42.93 | $50.07 |
Detailed Wells Branch Utilities Costs Vs. Texas
| Item | Wells Branch | Texas |
|---|---|---|
| All Electricity | $188.63 | $167.67 |
| Phone | $185.96 | $175.64 |
Wells Branch SnackAbility
/10
Cost Of Living In Cities Around Wells Branch
The cost of living varies in the cities and towns around Wells Branch. Here's a quick look at the cost of living in the most populous nearby places:
Austin, TX has a cost of living index of 107, 1.1x Wells Branch.
Round Rock, TX has a cost of living index of 100, 1.1x Wells Branch.
Cedar Park, TX has a cost of living index of 101, 1.1x Wells Branch.
| City | Population | Cost Of Living | Vs. Wells Branch |
|---|---|---|---|
| Austin, TX | 944,658 | 107 | 1.1x |
| Round Rock, TX | 117,735 | 100 | 1.1x |
| Cedar Park, TX | 74,741 | 101 | 1.1x |
| Georgetown, TX | 66,514 | 100 | 1.1x |
| Pflugerville, TX | 64,007 | 96 | 1.0x |
| Leander, TX | 57,696 | 99 | 1.1x |
| Hutto, TX | 26,971 | 95 | 1.0x |
| Brushy Creek, TX | 22,972 | 103 | 1.1x |
| Lakeway, TX | 18,471 | 125 | 1.3x |
| Taylor, TX | 16,154 | 85 | 0.9x |
