The cost of living index in Hockley, TX, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Hockley stand at 85, indicating a 15% lower expense compared to the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also hover around or slightly above the average, with the highest being transportation at 97, which is 7% more than the national average. This data suggests that Hockley offers a relatively affordable living experience for residents.
Hockley, TX, offers a cost of living that is relatively affordable compared to the nationwide average. The housing index in Hockley stands at 85, which is 15% lower than the national average of 100. This suggests that housing expenses in Hockley are more budget-friendly, making it an attractive option for those looking to save on housing costs.
Additionally, the grocery index in Hockley is 92, which is 2% lower than the national average. This indicates that groceries in Hockley are slightly cheaper than the average, providing some relief on food expenses. Utilities in Hockley are priced at 95, just 5% below the national average, showing minimal difference in utility costs. Transportation costs are slightly higher, with an index of 97, which is 3% above the national average. Healthcare costs in Hockley are also at 95, matching the national average, ensuring that medical expenses remain comparable to other areas. Overall, Hockley presents a cost of living that is generally lower than the national average, making it a practical choice for those seeking affordability.