An Overview of Cost of Living in Pflugerville, TX
Are you thinking about relocating, but curious about the potential cost of living in Pflugerville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Pflugerville stands at 108, making it 8% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
In Pflugerville, daily expenses such as food, housing, goods and services, 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 Pflugerville will resemble that of an average city, contributing to a manageable cost of living.
Housing costs make up a big chunk of the cost of living in Pflugerville, 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 39.9% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Grocery prices are climbing, making it hard to find cities with affordable food options. However, in Pflugerville, the grocery index is 8.7% lower than the national average, making it a budget-friendly place to shop for groceries when compared to other cities across the country.
What Do Locals Say About the Cost of Living in Pflugerville?
Locals have the inside scoop on their city. So, we polled 11 residents in Pflugerville to learn how they view the cost of living. We asked how they felt about the cost of living in their area, and if they thought that prices were increasing, decreasing or staying the same. The verdict? 36% find it reasonable with decreasing prices, but 64% think it's quite pricey, with prices that continue to rise.
Is Pflugerville Affordable?
Is Pflugerville an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Pflugerville is 36.6% higher than the national average, while the average monthly rent prices are 47.6% higher than average. The affordability of any location can also be influenced by median income levels. Pflugerville has a median household income of $95,471, which is 72.6% higher than the national average.
What Factors can Influence the Cost of Living in Pflugerville?
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Pflugerville, healthcare costs are 13.7% lower than the national average.
Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Pflugerville, the groceries index is 8.7% lower than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Pflugerville, the baseline sales tax rate begins at 6.25%, and income tax rates start at 0%.
Where is the Data From?
The cost of living in Pflugerville, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.
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