| Index | Fort Hood | Texas | National |
| Cost of living | 107 | 94 | 100 |
| Groceries | 99 | 98 | 100 |
| Health care | 101 | 98 | 100 |
| Housing | 126 | 83 | 100 |
| Transportation | 96 | 98 | 100 |
| Utilities | 105 | 103 | 100 |
| Lifestyle & Entertainment | 102 | 98 | 100 |
| Household Items | 99 | 98 | 100 |
| Education & Childcare | 95 | 98 | 100 |
Getting a feel for the cost of living in Fort Hood is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Fort Hood is 107, which is 7% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
In Fort Hood, daily expenses such as food, housing, lifestyle expenses, 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 Fort Hood will resemble that of an average city, contributing to a manageable cost of living.
Housing costs are a major factor in the Fort Hood 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 26.3% 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 Fort Hood an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Fort Hood, the median home price is 100% lower than what most folks pay across the country, and monthly rent prices are 26.3% higher than the usual rates. Income levels in Fort Hood come in at $66,530, which is 18.2% lower than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Fort Hood, the transportation index is 3.6% lower than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Fort Hood, is 26.3% higher than the national average.
The Fort Hood cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $70,933 | $5,911 | $1,655 | $2,128 |
| Renters | $66,547 | $5,546 | $1,553 | $1,997 |
| State | General Sales Tax | With Max Surtax |
| Texas | 6.25% | 8.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Texas | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Copperas Cove, TX | 33,796 | 90 | 9.6% |
| Killeen, TX | 152,944 | 94 | 6.1% |
| Nolanville, TX | 5,920 | 94 | 5.9% |
| Kempner, TX | 1,091 | 95 | 4.8% |
| Harker Heights, TX | 32,820 | 102 | 1.6% |
| Fort Hood, TX | 23,849 | 107 | 7.4% |
| City | Population | Cost of Living Index | National Avg. |
| Rock Springs, WY | 23,823 | 103 | 3.2% |
| The Crossings, FL | 23,875 | 125 | 25.3% |
| Farmington, MN | 23,819 | 113 | 12.6% |
| Oakdale, CA | 23,805 | 133 | 32.9% |
| Greenwood, SC | 23,893 | 86 | 13.6% |
| Fort Hood, TX | 23,849 | 107 | 7.4% |
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