Spring Branch, TX, shows a mixed picture when comparing its cost of living index to the nationwide average of 100. Housing in Spring Branch is notably cheaper, with an index of 85, representing a 15% decrease from the national average. However, utilities remain close to the average at 97, indicating only a 3% rise. Groceries are slightly above the average, with an index of 92, showing a modest 2% increase.
Other expenses also fluctuate around the average. Transportation costs stand at 89, reflecting a 11% reduction. Healthcare expenses are slightly higher, at 95, marking a 5% increase. Miscellaneous expenses are at 90, showing a 10% rise. Overall, Spring Branch offers some areas of savings, particularly in housing, but also presents higher costs in a few essential categories.
The cost of living index in Spring Branch, TX, compared to the nationwide average, shows a few key insights. For housing, the index stands at 85, meaning it costs 15% less than the average U.S. location. This makes living expenses more affordable for residents. Groceries in Spring Branch have an index of 92, which is 2% below the average. People can expect to pay slightly less for everyday food items here.
Utilities in Spring Branch have an index of 97, which means they are almost on par with the national average, at just 3% higher. This shows minimal extra expense for essential services like electricity and water. Transportation costs an index of 89, which is 11% less than the national average. This suggests savings on commuting and vehicle-related expenses. Healthcare, with an index of 95, is only 5% below the national average, indicating relatively affordable healthcare services. Miscellaneous costs have an index of 90, which means they are 10% below the average, providing a small advantage in other spending categories. Overall, Spring Branch offers a cost of living that is slightly below the national average in several important areas.
