F
41%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
138%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Fulshear Texas National
Cost of living14192100
Goods & Services10196100
Groceries10096100
Health care9494100
Housing23883100
Transportation9092100
Utilities103104100

An Overview of Cost of Living in Fulshear, TX

Knowing the cost of living in Fulshear allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Fulshear stands at 141, marking it 41% higher than the national average.

If you're in pursuit of an economical living environment, Fulshear may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Fulshear falls within this bracket.

Housing costs are a major factor in the Fulshear cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 138.2% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Is Fulshear Affordable?

Is Fulshear an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Fulshear is 133.1% higher than the national average, while the average monthly rent prices are 150.3% higher than average. The affordability of any location can also be influenced by median income levels. Fulshear has a median household income of $162,826, which is 194.3% higher than the national average.

What Factors can Influence the Cost of Living in Fulshear?

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Fulshear, healthcare costs are 6.1% lower than the national average.

Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday goods and services like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Fulshear starts at 6.25% and the income tax rates start at 0%.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Fulshear, the groceries index is 0% equal to the national average.

Where is the Data From?

The cost of living data in Fulshear displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

New Real Estate Listings in Fulshear Area
Search Homes for Sale in Fulshear, TX

Cost Of Living Quick Facts

  • The cost of living in Fulshear is 52% higher than the Texas average
  • The cost of living in Fulshear is 41% higher than the national average
  • Fulshear housing is 138% higher than the national average
  • Texas general sales tax is 22% higher than the national average
  • Texas state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Fulshear

See all the best places to live around Fulshear

Compare Fulshear, TX Cost of Living

      vs
      How would you rate the cost of living in Fulshear?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Fulshear?
      Write a review to give others more information about this area.
      See all Fulshear poll results

      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$163,098$13,592$3,805$4,893
      Renters$0$0$0$0

      Texas Sales Tax

      State General Sales Tax With Max Surtax
      Texas 6.25% 8.25%

      Texas Income Tax

      State Income Tax (Low) Income Tax (High)
      Texas 0% 0%

      Goods & Services

      Item Fulshear National avg. Difference
      Haircut $20.33$24.2616.2%
      Beauty Salon $47.38$45.564.0%
      Toothpaste $3.48$3.706.1%
      Shampoo $1.22$1.285.0%
      Movie $12.19$12.130.4%
      Bowling $15.83$18.0012.0%

      Groceries

      Item Fulshear National avg. Difference
      Ground Beef $5.25$5.8410.1%
      Fried Chicken $1.61$1.572.4%
      Milk $4.55$4.672.5%
      Potatoes $5.00$4.931.4%
      Pizza $11.82$12.092.2%
      Beer $10.38$10.410.3%

      Health Care

      Item Fulshear National avg. Difference
      Optometrist $125.98$125.680.2%
      Doctor $90.89$135.7833.1%
      Dentist $108.10$113.294.6%
      Ibuprofen $10.46$10.651.8%
      Lipitor $503.40$468.607.4%

      Housing

      Item Fulshear National avg. Difference
      Home Price $430,500.00$184,700.00133.1%
      Avg. Mortgage Payment $2,055.86$2,346.6912.4%
      Apartment Rent $2,375.00$949.00150.3%

      Transportation

      Item Fulshear National avg. Difference
      Gasoline $3.14$3.469.1%
      Tire Balancing $56.62$59.925.5%

      Utilities

      Item Fulshear National avg. Difference
      All Electricity $233.43$193.9920.3%
      Phone $208.71$192.258.6%
      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 Population Cost of Living Index National Avg.
      Wallis, TX1,7558514.8%
      Brookshire, TX5,6018812.4%
      Orchard, TX166928.5%
      Richmond, TX12,592982.3%
      Thompsons, TX292981.6%
      Fulshear, TX12,21314140.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Woodward, OK12,213909.6%
      Holiday City-Berkeley, NJ12,2161088.0%
      Harrison, WI12,2091077.2%
      Princeton, TX12,20811514.5%
      Coldwater, MI12,2038316.9%
      Fulshear, TX12,21314140.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.