Driftwood, TX, shows a cost of living index that is slightly below the nationwide average. The overall index stands at 91, which is 9% lower than the national average of 100. This suggests that residents in Driftwood can expect to spend less on most living expenses compared to the average American.
Specifically, housing costs are 8% below the national average, while groceries and healthcare are slightly above. Utilities, transportation, and miscellaneous expenses also fall below the national average, making Driftwood a relatively affordable place to live.
Driftwood, TX, offers a cost of living that is slightly below the nationwide average. The housing index stands at 92, which means housing costs are 8% less than the national average. This can be a significant advantage for those looking to save on their monthly expenses. Groceries in Driftwood also cost less, with an index of 95, indicating a 5% reduction compared to the national average. This makes everyday shopping more affordable for residents.
Utilities in Driftwood are priced at 90, which is 10% lower than the national average. This reduction in utility costs can lead to savings on household expenses. Transportation costs are also favorable, with an index of 88, meaning they are 12% less than the national average. This can be particularly beneficial for those who rely on personal vehicles. Healthcare costs in Driftwood are slightly higher, with an index of 97, which is 3% above the national average. However, the overall cost of living remains competitive, making Driftwood an attractive option for many.
