West University Place 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.
IndexWest University PlaceTexasNational
Cost of living index18590100
IndexWest University PlaceTexasNational
Goods & Services index10094100
Groceries index8789100
Health care index9195100
Housing index39081100
Transportation index9493100
Utilities index10795100
A general overview of the cost of living index for West University Place, TX is displayed above. In West University Place, TX, the overall cost of living index is 185, which is 107% higher than the Texas average and 85% higher 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 West University Place, TX, the city's goods and services are 6% higher than the Texas average and equal to the U.S. average.

Did you know?

  • The cost of living in West University Place is 107% higher than the Texas average.
  • The cost of living in West University Place is 85% higher than the national average.
  • The cost of housing in West University Place is 290% 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 West University Place, TX Cost of living To Other Cities

Salary Calculator

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The salary calculator is meant to help you compare your salary in West University Place, 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 West University Place, TX, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the West University Place, 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$226,469$18,872$5,284$6,795
Renters$84,219$7,018$1,965$2,527
The affordability of the housing market in West University Place, TX as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among West University Place, TX homeowners, the median income is $226,469. This indicates that a monthly maximum of $5,284 should be spent by homeowners on all housing related costs. Renters have a median income of $84,219. This indicates that renters should have a maximum of $1,965 used for their rent related monthly costs.

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%
The Texas sales tax and Texas income tax rates should definitely be considered when determining the overall cost of living in West University Place, TX. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Texas sales tax is 6.25% and the maximum surtax is 8.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

ItemWest University PlaceNational avg.Difference
Haircut $17.43$15.5612.0%
Beauty Salon $50.63$36.1140.2%
Toothpaste $2.13$2.4713.7%
Shampoo $0.85$0.9612.3%
Movie $10.90$10.137.6%
Bowling $5.77$4.7421.9%

Groceries

ItemWest University PlaceNational avg.Difference
Ground Beef $4.19$3.985.1%
Fried Chicken $1.02$1.4127.3%
Milk $1.68$2.0618.6%
Potatoes $2.55$2.9814.6%
Pizza $7.59$9.4719.9%
Beer $8.88$8.791.0%

Health Care

ItemWest University PlaceNational avg.Difference
Optometrist $92.07$101.048.9%
Doctor $78.44$107.4427.0%
Dentist $87.60$90.423.1%
Ibuprofen $8.35$9.2810.0%
Lipitor $436.97$426.502.5%

Housing

ItemWest University PlaceNational avg.Difference
Home Price $815,700.00$175,700.00364.3%
Avg. Mortgage Payment $1,024.25$1,133.239.6%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemWest University PlaceNational avg.Difference
Gasoline $1.83$1.998.1%
Tire Balancing $45.76$45.760.0%

Utilities

ItemWest University PlaceNational avg.Difference
All Electricity$150.98$163.817.8%
Phone $36.01$28.3926.8%
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.
Fifth Street, TX2,36277-23%
Jacinto City, TX10,71784-16%
South Houston, TX17,32385-15%
Galena Park, TX11,09385-15%
Aldine, TX15,37585-15%
West University Place, TX15,22318585%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Long Beach, MS15,2241000%
Republic, MO15,22288-12%
Vandalia, OH15,22096-4%
North New Hyde Park, NY15,23017777%
Hudson, MA15,21212828%
West University Place, TX15,22318585%
Source: The West University Place, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.