Cost of Living in Homestead Meadows South, TX

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17%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
52%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Homestead Meadows South Texas National
Cost of living8394100
Groceries9898100
Health care9898100
Housing4883100
Transportation9798100
Utilities103103100
Lifestyle & Entertainment10198100
Household Items9898100
Education & Childcare9998100
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Homes For Sale In Homestead Meadows South, TX

property for sale

3985 Krag St

El Paso, TX
property for sale

15111 Gwendolyn Dr

El Paso, TX
property for sale

15000 Stacy Ann Dr

El Paso, TX
property for sale

4031 Snoqualmie Dr

El Paso, TX

Cost Of Living Quick Facts

  • The cost of living in Homestead Meadows South is 11% lower than the Texas average
  • The cost of living in Homestead Meadows South is 17% lower than the national average
  • Homestead Meadows South housing is 52% 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 Homestead Meadows South

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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
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$65,026$5,419$1,517$1,951
      Renters$52,827$4,402$1,233$1,585
      A good way to judge both the affordability of the housing and the cost of living in Homestead Meadows South is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Homestead Meadows South has a median income of about $65,026 for people who own homes. Based on that number, a maximum of $1,517 should be spent on expenses related to housing. Renters have a slightly different median income, which is $52,827. Based on this average, renters should spend no more than $1,233 on all rental costs if they want to maintain a non-impoverished standard of living.

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Butterfield, TX627327.3%
      Agua Dulce city, TX8578317.1%
      Sparks, TX4,0238416.2%
      Agua Dulce, TX2,6288415.5%
      Socorro, TX35,3138712.5%
      Homestead Meadows South, TX6,3238316.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Shrewsbury, MO6,323990.8%
      Nephi, UT6,3231098.5%
      Edgewood, NM6,3221021.6%
      Elm Grove, WI6,32212525.2%
      Indian Hills, NV6,32412323.2%
      Homestead Meadows South, TX6,3238316.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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