Highland Village, TX, shows a higher cost of living compared to the nationwide average in several key areas. Housing costs stand at 20% above the national average, making it the highest expense. Groceries also follow closely behind at 5%, while utilities and healthcare remain relatively close to the average, around 2% below and 8% above, respectively. In contrast, transportation and miscellaneous costs show slight increases of 10% and 2%. Overall, the total cost of living in Highland Village, TX, averages around 8% higher than the national benchmark.
Highland Village, TX, showcases a cost of living index that is slightly higher than the nationwide average. The housing index stands at 120, indicating that housing costs are 20% higher than the average. Similarly, transportation costs are also elevated, with an index of 110, meaning they are 10% above the national average. Despite these higher costs, the utilities index at 95 suggests that residents can expect to pay 5% less for utilities compared to the nationwide average.
Groceries in Highland Village have a cost of living index of 105, showing a modest 5% increase over the national average. Healthcare costs are nearly in line with the average, with an index of 98, indicating a minor 2% reduction. The miscellaneous category, which includes items like entertainment and clothing, has an index of 102, suggesting a 2% rise in spending. Overall, while certain aspects of living in Highland Village are more expensive than the national average, others remain relatively competitive.
