Keller 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.
IndexKellerTexasNational
Cost of living index11991100
IndexKellerTexasNational
Goods & Services index11597100
Groceries index9090100
Health care index10296100
Housing index15281100
Transportation index9595100
Utilities index9794100
Displayed above is a general overview of the Keller, TX cost of living index. The overall cost of living index in Keller, TX is 119, which is 31% higher than the Texas average and 19% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Keller, TX are 18% higher than the Texas average and 15% higher than the national average.

Did you know?

  • The cost of living in Keller is 31% higher than the Texas average.
  • The cost of living in Keller is 19% higher than the national average.
  • The cost of housing in Keller is 52% 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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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 allows you to compare how much your current salary in Keller, TX would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Keller, TX, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Keller, TX salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$127,645$10,637$2,978$3,830
Renters$39,688$3,307$926$1,191
If you want to find a good determining factor for the cost of living and the general affordability of housing in Keller, TX, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Keller, TX, the median monthly income is $127,645 for those who own their own homes. Under the standard rule, that income level would allow for $2,978 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $39,688, per the median income in the area. That would allow for renters to spend up to $926 on monthly rental expenses.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
For those who live in Keller, TX and want to know what the true cost of living is, they ought to look at both the Texas income tax rate and the Texas sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Texas, the sales tax is 6.25%, while the most you'll pay in surtax is 8.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Texas, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemKellerNational avg.Difference
Haircut $19.00$14.5930.2%
Beauty Salon $58.00$34.6867.2%
Toothpaste $2.02$2.4718.3%
Shampoo $1.22$1.0219.4%
Movie $9.96$9.870.9%
Bowling $5.25$4.3919.5%

Groceries

ItemKellerNational avg.Difference
Ground Beef $4.32$4.483.5%
Fried Chicken $1.39$1.465.1%
Milk $2.00$2.3615.1%
Potatoes $3.22$3.065.2%
Pizza $8.55$9.247.5%
Beer $8.82$8.632.2%

Health Care

ItemKellerNational avg.Difference
Optometrist $89.67$99.7810.1%
Doctor $106.00$105.030.9%
Dentist $95.67$88.707.9%
Ibuprofen $8.78$9.416.7%
Lipitor $305.36$298.502.3%

Housing

ItemKellerNational avg.Difference
Home Price $285,200.00$175,700.0062.3%
Avg. Mortgage Payment $832.74$1,081.0323.0%
Apartment Rent $1,186.00$920.0028.9%

Transportation

ItemKellerNational avg.Difference
Gasoline $1.94$2.097.2%
Tire Balancing $45.00$45.290.6%

Utilities

ItemKellerNational avg.Difference
All Electricity$181.35$170.806.2%
Phone $24.00$28.2615.1%
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.
Sansom Park, TX4,76989-11%
White Settlement, TX16,57190-10%
Haltom City, TX43,25991-9%
River Oaks, TX7,57591-9%
New Fairview, TX1,09092-8%
Keller, TX41,91311919%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Altamonte Springs, FL41,88995-5%
Hutchinson, KS41,94684-16%
Hicksville, NY41,78414949%
State College, PA42,06611414%
South Valley, NM41,76090-10%
Keller, TX41,91311919%
Source: The Keller, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.