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.