Bee Cave cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBee CaveTexasNational
Cost of living index13991100
IndexBee CaveTexasNational
Goods & Services index10597100
Groceries index8790100
Health care index10496100
Housing index23181100
Transportation index9695100
Utilities index9894100
An overview of the general cost of living index for Bee Cave, TX is displayed above for your reference. Residents in Bee Cave, TX enjoy a cost of living index of 139. This index is 53% higher than the Texas average, and 39% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Bee Cave, TX, the average cost of goods and services is 8% higher than it is in Texas, and it is 5% higher than the national average.

Did you know?

  • The cost of living in Bee Cave is 53% higher than the Texas average.
  • The cost of living in Bee Cave is 39% higher than the national average.
  • The cost of housing in Bee Cave is 131% higher than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

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Compare Bee Cave, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Bee Cave, TX to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Bee Cave, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Bee Cave, TX salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$148,281$12,357$3,460$4,449
Renters$55,756$4,646$1,301$1,673
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Bee Cave, TX, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Bee Cave, TX homeowners have a median income of $148,281. Using that number, you will come up with a maximum of $3,460 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $55,756, which means there is a maximum of $1,301 to be spent on the costs of renting a home or apartment.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
One thing to keep in mind when considering the cost of living in Bee Cave, TX is the Texas sales tax and Texas income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Texas sales tax rate is 6.25% and the maximum surtax that can be charged is 8.25%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemBee CaveNational avg.Difference
Haircut $20.00$14.5937.0%
Beauty Salon $48.80$34.6840.7%
Toothpaste $1.97$2.4720.3%
Shampoo $0.86$1.0215.9%
Movie $10.51$9.876.5%
Bowling $4.02$4.398.5%

Groceries

ItemBee CaveNational avg.Difference
Ground Beef $4.20$4.486.2%
Fried Chicken $1.23$1.4616.0%
Milk $2.17$2.367.9%
Potatoes $3.64$3.0618.9%
Pizza $10.99$9.2418.9%
Beer $9.01$8.634.4%

Health Care

ItemBee CaveNational avg.Difference
Optometrist $125.67$99.7825.9%
Doctor $103.75$105.031.2%
Dentist $93.33$88.705.2%
Ibuprofen $8.43$9.4110.4%
Lipitor $324.49$298.508.7%

Housing

ItemBee CaveNational avg.Difference
Home Price $477,900.00$175,700.00172.0%
Avg. Mortgage Payment $846.73$1,081.0321.7%
Apartment Rent $1,230.00$920.0033.7%

Transportation

ItemBee CaveNational avg.Difference
Gasoline $1.93$2.097.6%
Tire Balancing $48.00$45.296.0%

Utilities

ItemBee CaveNational avg.Difference
All Electricity$155.85$170.808.7%
Phone $30.21$28.266.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Creedmoor, TX18797-3%
Jonestown, TX2,11594-6%
Manchaca, TX1,4481011%
Lago Vista, TX6,34998-2%
Cedar Park, TX58,0881011%
Bee Cave, TX4,91013939%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Telford, PA4,91011616%
Forest Hills, TN4,91117373%
Santa Ynez, CA4,90917878%
Bristol, WI4,9091044%
Brent, AL4,91184-16%
Bee Cave, TX4,91013939%
Source: The Bee Cave, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.