Cost of Living in Woodway, TX

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A-
7%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
36%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Woodway Texas National
Cost of living10792100
Goods & Services9396100
Groceries9295100
Health care10697100
Housing13683100
Transportation9092100
Utilities100102100
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Homes For Sale In Woodway, TX

property for sale

1026 Bob O Link Dr

Woodway, TX
property for sale

14038 Horseshoe Cir

Woodway, TX
property for sale

248 Palisades Rd

Woodway, TX
property for sale

470 Elmwood Dr

Woodway, TX
See the Newest Homes For Sale In Woodway, TX

Cost Of Living Quick Facts

  • The cost of living in Woodway is 16% higher than the Texas average
  • The cost of living in Woodway is 7% higher than the national average
  • Woodway housing is 36% higher 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 Woodway

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Compare Woodway, TX Cost of Living

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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
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$145,603$12,134$3,397$4,369
      Renters$97,793$8,149$2,282$2,934
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Woodway, TX, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Woodway, homeowners have a median income of $145,603. Using that number, a maximum of $3,397 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $97,793, which means there is a maximum of $2,282 to be spent on the costs of renting a home or apartment.

      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%

      Goods & Services

      Item Woodway National avg. Difference
      Haircut $23.03$27.6216.6%
      Beauty Salon $37.73$51.1126.2%
      Toothpaste $4.27$4.094.3%
      Shampoo $1.26$1.5418.3%
      Movie $9.96$12.8822.7%
      Yoga $20.00$19.661.7%

      Groceries

      Item Woodway National avg. Difference
      Ground Beef $7.08$7.708.1%
      Fried Chicken $1.37$1.6617.6%
      Milk $4.47$4.735.6%
      Potatoes $5.45$5.263.7%
      Pizza $11.63$12.768.9%
      Beer $10.48$10.550.7%

      Health Care

      Item Woodway National avg. Difference
      Optometrist $111.60$140.0620.3%
      Doctor $130.52$153.8215.1%
      Dentist $154.43$123.1525.4%
      Ibuprofen $11.02$11.736.1%
      Lipitor $24.02$23.611.7%

      Housing

      Item Woodway National avg. Difference
      Home Price $415,651.00$326,622.0027.3%
      Avg. Mortgage Payment $2,103.03$2,480.2515.2%
      Apartment Rent $2,252.00$1,444.0056.0%

      Transportation

      Item Woodway National avg. Difference
      Gasoline $2.61$3.0614.5%
      Tire Balancing $66.65$65.212.2%

      Utilities

      Item Woodway National avg. Difference
      All Electricity $214.93$220.122.4%
      Phone $204.26$195.714.4%
      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 Population Cost of Living Index National Avg.
      Chilton, TX6847822.1%
      Bellmead, TX11,1668217.8%
      Moody, TX1,5608020.4%
      Beverly Hills, TX2,2498317.1%
      Golinda, TX6728514.9%
      Woodway, TX9,1891076.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ashland, NJ9,18911919.4%
      Alma, MI9,1878416.4%
      Temperance, MI9,186991.1%
      South Amboy, NJ9,19212524.6%
      Waseca, MN9,195927.7%
      Woodway, TX9,1891076.8%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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