A+
4%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
5%
Housing NAT. AVG.
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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 Leon Valley Texas National
Cost of living9692100
Goods & Services9996100
Groceries9596100
Health care10594100
Housing9583100
Transportation9392100
Utilities85104100

An Overview of Cost of Living in Leon Valley, TX

Knowing the cost of living in Leon Valley 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 Leon Valley stands at 96, marking it 4% lower than the national average.

In Leon Valley, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Leon Valley will resemble that of an average city, contributing to a manageable cost of living.

Is Leon Valley Affordable?

Is Leon Valley 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 Leon Valley is 5.6% lower than the national average, while the average monthly rent prices are 2.7% lower than average. The affordability of any location can also be influenced by median income levels. Leon Valley has a median household income of $53,948, which is 2.5% lower than the national average.

What Factors can Influence the Cost of Living in Leon Valley?

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Leon Valley, the housing index is 4.8% lower than the national average.

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 Leon Valley, healthcare costs are 5% higher than the national average.

Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Leon Valley, the prevailing sales tax rate starts at 6.25%, and income tax rates kick off at 0%.

Where is the Data From?

The cost of living data in Leon Valley 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.

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Cost Of Living Quick Facts

  • The cost of living in Leon Valley is 3% higher than the Texas average
  • The cost of living in Leon Valley is 4% lower than the national average
  • Leon Valley housing is 5% lower 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 Leon Valley

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Compare Leon Valley, TX Cost of Living

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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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$67,340$5,612$1,571$2,020
      Renters$43,438$3,620$1,013$1,303
      To approximate the cost of living and the housing affordability in Leon Valley, TX, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Leon Valley have a median income of $67,340. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,571 per month to avoid calamity and poverty. The renters in the city have an income of about $43,438, which would make their monthly maximum allowable rental costs $1,013.

      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 Leon Valley National avg. Difference
      Haircut $20.78$24.2614.4%
      Beauty Salon $43.67$45.564.2%
      Toothpaste $3.60$3.702.7%
      Shampoo $1.06$1.2817.2%
      Movie $9.50$12.1321.7%
      Bowling $13.70$18.0023.9%

      Groceries

      Item Leon Valley National avg. Difference
      Ground Beef $4.93$5.8415.6%
      Fried Chicken $1.57$1.570.1%
      Milk $4.57$4.672.2%
      Potatoes $4.55$4.937.7%
      Pizza $11.32$12.096.3%
      Beer $10.50$10.410.8%

      Health Care

      Item Leon Valley National avg. Difference
      Optometrist $132.00$125.685.0%
      Doctor $171.14$135.7826.0%
      Dentist $108.33$113.294.4%
      Ibuprofen $10.16$10.654.7%
      Lipitor $481.60$468.602.8%

      Housing

      Item Leon Valley National avg. Difference
      Home Price $174,300.00$184,700.005.6%
      Avg. Mortgage Payment $1,951.07$2,346.6916.9%
      Apartment Rent $923.00$949.002.7%

      Transportation

      Item Leon Valley National avg. Difference
      Gasoline $3.03$3.4612.4%
      Tire Balancing $57.20$59.924.5%

      Utilities

      Item Leon Valley National avg. Difference
      All Electricity $217.71$193.9912.2%
      Phone $201.97$192.255.1%
      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 Population Cost of Living Index National Avg.
      LaCoste, TX1,9368019.8%
      Macdona, TX2588515.2%
      Kirby, TX8,7098911.3%
      Balcones Heights, TX3,128928.0%
      San Antonio, TX1,529,133955.5%
      Leon Valley, TX12,279964.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Malibu, CA12,280334234.3%
      Waconia, MN12,28111413.9%
      Santaquin, UT12,27611111.3%
      Beatrice, NE12,2828811.6%
      Viera East, FL12,28411313.4%
      Leon Valley, TX12,279964.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.