Highland Village, TX, has a higher cost of living index compared to the nationwide average, particularly in housing. Housing costs are 25% higher than the national average. Although some areas like utilities and healthcare are slightly lower, the overall cost of living index stands at 106, which is 6% above the national average.
Job seekers should be aware that while Highland Village offers a quality lifestyle, it requires a budget adjustment. Groceries and transportation costs are closer to the national average, with indices of 105 and 110, respectively. Miscellaneous expenses follow at 102, showing a minimal increase from the national average. Planning for higher housing expenses will be crucial for those considering relocation.
Highland Village, TX, showcases a cost of living that both reflects and diverges from the national average. Housing, a primary consideration for many, stands at an index of 125. This means residents pay 25% more for housing compared to the average American. With housing being such a significant expense, this higher cost can impact overall living expenses.
Other aspects of living in Highland Village also vary from the nationwide average. Groceries cost 5% more, with an index of 105, while utilities remain slightly below the average at 95, meaning a 5% savings on utility bills. Transportation in Highland Village is 10% above the national average, with an index of 110. Healthcare costs are nearly on par with the national average, standing at 98. Miscellaneous expenses, which include items like clothing and entertainment, are 2% above average, with an index of 102. These percentages highlight how different categories of living expenses in Highland Village compare to the overall U.S. average.
