Cost of Living in Houston, TX

Houston has a cost of living index of 96 (100 = national average), making it close to the national average. The median household income is $56,019 and the median home price is $310,000.

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Houston at a Glance

Population

2,314,157

Cost of Living Index

96

Median Income

$56,019

Median Home Price

$310,000

Property Tax Rate

1.80%

Sales Tax Rate

8.25%

Rent Index

95

State

Texas

Living in Houston

Houston offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $310,000 is well within reach for many families.

The combined sales tax rate in Houston is 8.25%, and the effective property tax rate is 1.80%. Property taxes are above the national average, which is an important consideration for homebuyers.

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