The cost of living in Spring Branch, TX, is slightly below the nationwide average. Housing costs 12% less, while groceries are 5% cheaper. Utilities and transportation also show modest savings at 10% and 15% below the average, respectively. Healthcare costs are 8% lower, and miscellaneous expenses match the national average. This data suggests that living in Spring Branch can be more affordable in several key areas.
The cost of living in Spring Branch, TX, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Spring Branch stand at 88, indicating that residents spend 12% less than the national average. This lower housing expense can be a significant advantage for those looking to settle in the area, as it provides more financial flexibility for other living expenses.
In addition to housing, Spring Branch offers competitive prices in other key areas. Groceries cost 95, which is 5% below the national average. Utilities are at 90, meaning residents pay 10% less for these services. Transportation costs are also 15% lower, with an index of 85. Healthcare costs are slightly below the average at 92, representing an 8% savings. Miscellaneous expenses match the national average at 100, showing no difference in this category. Overall, the cost of living in Spring Branch, TX, offers several areas where residents can save money compared to the national average.