Woodway, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Woodway, TX Summary

Cost of living in Woodway 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 Woodway 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 Woodway is 101, with 100 being the average.

  • The cost of living index in Woodway is 1.0x higher than the national average.

  • Woodway ranks as the #321 cheapest in Texas out of 405.

  • Woodway ranks as the #3,263 cheapest out of 6,412 in the US.

  • The median home value in Woodway is $250,900.

  • The median income in Woodway is $105,483.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
101
Woodway's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in Woodway, TX?

According to the most recent data on the cost of living, Woodway has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.

Compared to Texas, Woodway has a cost of living index that's 1.1x higher than Texas's index of 92.

The standard of living in Woodway ranks as #321 most affordable out of the 405 places we measured in Texas. By definition, that implies Woodway ranks as the #84 most expensive place in the Lone Star State.

For more reading on life in Woodway, check out:

321 out of 405
In Texas
3,263 out of 6,412
In America

Woodway Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Woodway. Here is how it fairs on each of the criteria:

  • The Services index in Woodway is 101.

  • The Groceries index in Woodway is 78.

  • The Health index in Woodway is 93.

  • The Housing index in Woodway is 111.

  • The Transportation index in Woodway is 89.

  • The Utilities index in Woodway is 103.

Living Expense Woodway Texas National Average
Overall 101 92 100
Services 101 96 100
Groceries 78 93 100
Health 93 93 100
Housing 111 84 100
Transportation 89 92 100
Utilities 103 104 100
For more reading on cost of living around Texas, check out:
Woodway Cost of Living Vs. TX

Woodway, 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 Woodway is $250,900.

  • The Median Rent in Woodway is $1,602.

  • The Median Income in Woodway is $105,483.

  • The Home Value To Income in Woodway is 2.4x.

  • The Rent To Monthly Income in Woodway is 0.18x.

Statistic Woodway Texas United States
Median Home Value $250,900 $202,600 $244,900
Median Rent $1,602 $1,146 $1,163
Median Income $105,483 $67,321 $69,021
Home Value To Income 2.4x 3.0x 3.5x
Rent To Monthly Income 0.18x 0.2x 0.2x
Search Homes For Sale In Woodway, TX
$250,900
Median Home Value
$1,602
Median Rent
$105,483
Median Income

Woodway, TX Costs By Category

Detailed Woodway Services Costs Vs. Texas

Item Woodway Texas
Shampoo $0.89 $1.06
Movie $7.76 $10.68
Bowling $17.22 $14.67
Haircut $16.52 $18.62
Beauty Salon $37.38 $39.05

Detailed Woodway Groceries Costs Vs. Texas

Item Woodway Texas
Ground Beef $2.95 $4.22
Fried Chicken $0.96 $1.39
Milk $1.34 $2.05
Potatoes $2.2 $3.29
Pizza $10.16 $10.62
Beer $10.0 $9.38
Toothpaste $1.9 $2.34

Detailed Woodway Health Costs Vs. Texas

Item Woodway Texas
Optometrist $101.66 $108.57
Doctor $99.07 $116.17
Dentist $96.33 $99.13

Detailed Woodway Transportation Costs Vs. Texas

Item Woodway Texas
Gasoline $1.9 $2.22
Tire Balancing $50.59 $50.07

Detailed Woodway Utilities Costs Vs. Texas

Item Woodway Texas
All Electricity $176.07 $167.67
Phone $184.73 $175.64

Woodway SnackAbility

9
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
7
Safety
8
Amenities
8
Education
9.5
Commute
9.5

Cost Of Living In Cities Around Woodway

The cost of living varies in the cities and towns around Woodway. Here's a quick look at the cost of living in the most populous nearby places:

  • Killeen, TX has a cost of living index of 89, 0.9x Woodway.

  • Waco, TX has a cost of living index of 86, 0.9x Woodway.

  • Temple, TX has a cost of living index of 90, 0.9x Woodway.

City Population Cost Of Living Vs. Woodway
Killeen, TX 150,082 89 0.9x
Waco, TX 136,800 86 0.9x
Temple, TX 80,793 90 0.9x
Copperas Cove, TX 35,452 85 0.8x
Harker Heights, TX 32,320 92 0.9x
Fort Hood, TX 24,781 85 0.8x
Belton, TX 22,866 88 0.9x
Gatesville, TX 15,997 83 0.8x
Hewitt, TX 15,707 93 0.9x
Robinson, TX 12,336 94 0.9x

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