Round Rock 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.
IndexRound RockTexasNational
Cost of living index9590100
IndexRound RockTexasNational
Goods & Services index9697100
Groceries index8490100
Health care index10296100
Housing index9978100
Transportation index8995100
Utilities index9894100
A general overview of the cost of living index for Round Rock, TX is displayed above. In Round Rock, TX, the overall cost of living index is 95, which is 6% higher than the Texas average and 5% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Round Rock, TX, the city's goods and services are 1% lower than the Texas average and 4% lower than the U.S. average.

Did you know?

  • The cost of living in Round Rock is 6% higher than the Texas average.
  • The cost of living in Round Rock is 5% lower than the national average.
  • The cost of housing in Round Rock is 1% lower 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 Round Rock, TX Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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Transportation index
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Using the salary calculator lets you compare the salary you earn in Round Rock, TX to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Round Rock, TX, you have to earn a higher income in order to still have the same standard of living. To operate the Round Rock, TX salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$91,381$7,615$2,132$2,742
Renters$45,962$3,830$1,072$1,379
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Round Rock, TX as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Round Rock, TX homeowners, is $91,381. This would allow for a maximum of $2,132 per month to be spent on housing costs. For renters, the median monthly income is $45,962 which would result in a maximum of $1,072 to be spent on rental costs.

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 Round Rock, 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

ItemRound RockNational avg.Difference
Haircut $16.25$14.5911.4%
Beauty Salon $36.67$34.685.7%
Toothpaste $1.63$2.4734.1%
Shampoo $0.75$1.0226.6%
Movie $10.63$9.877.7%
Bowling $4.39$4.390.0%

Groceries

ItemRound RockNational avg.Difference
Ground Beef $3.49$4.4822.0%
Fried Chicken $1.01$1.4631.0%
Milk $2.63$2.3611.6%
Potatoes $2.67$3.0612.8%
Pizza $8.99$9.242.7%
Beer $8.57$8.630.7%

Health Care

ItemRound RockNational avg.Difference
Optometrist $103.53$99.783.8%
Doctor $103.00$105.031.9%
Dentist $94.50$88.706.5%
Ibuprofen $7.97$9.4115.3%
Lipitor $306.77$298.502.8%

Housing

ItemRound RockNational avg.Difference
Home Price $168,100.00$181,400.007.3%
Avg. Mortgage Payment $911.89$1,081.0315.6%
Apartment Rent $1,025.00$889.0015.3%

Transportation

ItemRound RockNational avg.Difference
Gasoline $1.76$2.0915.9%
Tire Balancing $45.98$45.291.5%

Utilities

ItemRound RockNational avg.Difference
All Electricity$183.52$170.807.4%
Phone $24.15$28.2614.5%
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.
Granger, TX1,34178-22%
Liberty Hill, TX1,28290-10%
Manor, TX5,12995-5%
Weir, TX53892-8%
Jonestown, TX2,21792-8%
Round Rock, TX100,76495-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Columbia, MD100,73512626%
Pompano Beach, FL100,8191022%
Temecula, CA100,62112828%
South Bend, IN101,28281-19%
Centennial, CO101,33911717%
Round Rock, TX100,76495-5%
Source: The Round Rock, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.