Cost of Living in Houston, TX
2024 data from the Bureau of Economic Analysis
Cost Index
98.6
1.4% below avg
Housing Index
104.5
Median Income
$78,061
Median Rent
$1,301/mo
Cost Breakdown
Overall98.6 (-1.4%)
Housing104.5 (+4.5%)
Goods100.6 (+0.6%)
Utilities95.3 (-4.7%)
Other Services95.6 (-4.4%)
National average = 100
Income & Housing
Median Household Income
$78,061/year
Median Home Value
$253,600
Median Monthly Rent
$1,301/mo
Per Capita Income
$39,997/year
Compare Houston, TX With
Frequently Asked Questions
Is Houston, TX expensive to live in?
Houston, TX has a cost of living index of 98.6, which is 1.4% below the national average.
How much does housing cost in Houston, TX?
Housing costs in Houston, TX are indexed at 104.5 compared to the national average of 100. The median monthly rent is $1,301.
What is the average income in Houston, TX?
The median household income in Houston, TX is $78,061 per year.
What is the average home price in Houston, TX?
The median home value in Houston, TX is $253,600.