| Index | Georgetown | Texas | National |
| Cost of living | 116 | 94 | 100 |
| Groceries | 101 | 98 | 100 |
| Health care | 97 | 98 | 100 |
| Housing | 153 | 83 | 100 |
| Transportation | 99 | 98 | 100 |
| Utilities | 105 | 103 | 100 |
| Lifestyle & Entertainment | 93 | 98 | 100 |
| Household Items | 100 | 98 | 100 |
| Education & Childcare | 103 | 98 | 100 |
Getting a feel for the cost of living in Georgetown 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 Georgetown is 116, which is 16% 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.
Housing costs make up a big chunk of the cost of living in Georgetown, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 53.1% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
The real experts on a city are its residents. That's why we reached out to 9 locals to get their views on the cost of living in Georgetown. We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 0% found it budget-friendly with decreasing prices, while 100% said it's simply not affordable as prices have continued to rise.
Is Georgetown 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 Georgetown, the median home price is 61.9% higher than what most folks pay across the country, and monthly rent prices are 32.5% higher than the usual rates. Income levels in Georgetown come in at $114,813, which is 41.2% higher 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.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Georgetown, the transportation index is 1.2% lower than the national average.
Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.
The Georgetown cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $138,901 | $11,575 | $3,241 | $4,167 |
| Renters | $67,848 | $5,654 | $1,583 | $2,036 |
| 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. |
| Bartlett, TX | 1,703 | 87 | 12.6% |
| Granger, TX | 1,189 | 90 | 10.5% |
| Florence, TX | 843 | 92 | 7.5% |
| Weir, TX | 341 | 93 | 6.7% |
| Liberty Hill, TX | 4,793 | 101 | 0.8% |
| Georgetown, TX | 77,731 | 116 | 15.6% |
| City | Population | Cost of Living Index | National Avg. |
| Baytown, TX | 77,698 | 93 | 7.2% |
| Missouri City, TX | 77,696 | 110 | 9.5% |
| Carmichael, CA | 77,824 | 140 | 39.9% |
| Bethlehem, PA | 77,503 | 99 | 0.6% |
| Iowa City, IA | 77,990 | 102 | 2.2% |
| Georgetown, TX | 77,731 | 116 | 15.6% |
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