Little Elm, TX, shows a higher cost of living in some areas compared to the nationwide average, which is set at 100. Specifically, the housing index stands at 112, meaning housing costs about 12% more than the average. While groceries and utilities are slightly below the average, at 95 and 98 respectively, transportation costs are 2% higher. This varied cost structure suggests potential savings or extra expenses for those considering relocation.
The overall cost of living index in Little Elm is slightly above the national average, with a composite index of 99. This figure results from a mix of higher housing prices and marginally lower costs in groceries, utilities, healthcare, and miscellaneous expenses. Job seekers should weigh these factors against potential salary adjustments when evaluating living in Little Elm, TX.
The cost of living index in Little Elm, TX, reveals some differences compared to the nationwide average, which is set at 100. Housing costs stand at 112, meaning they are 12% higher than the average. This indicates that residents may find housing expenses slightly above the national standard. Groceries, however, are more affordable, with an index of 95, representing a 5% reduction in cost.
Utilities in Little Elm show minimal deviation from the national average, with an index of 98, just 2% below. Transportation costs are 2% higher, with an index of 102. Healthcare expenses are 8% lower, at an index of 92, offering potential savings for residents. Miscellaneous expenses are also slightly below the national average, with an index of 97, indicating a minor decrease of 3%. Overall, Little Elm provides a mix of higher and lower costs across various categories, offering both challenges and opportunities for residents.